The Federal Reserve will end its specialized crypto supervision initiative, integrating oversight into its broader banking regulations. The program concludes on August 15, 2025, marking a shift in how financial institutions manage risk associated with cryptocurrencies and other fintech innovations. This change reflects the Fed’s growing regulatory understanding of these technologies. Previously, the novel activities supervision focused on specific crypto activities within banks. Now, oversight will integrate with standard banking practices, potentially impacting bank partnerships with cryptocurrency businesses. Financial institutions may adapt their engagement with crypto assets by considering how this aligns with risk management protocols established for traditional assets. **This decision follows similar regulatory moves from other financial regulators like the OCC and FDIC.** The Federal Reserve’s move reflects broader changes in banking regulations toward a more comprehensive approach to crypto-related risks. The program’s conclusion may encourage banks to expand their services in this space, but uncertainties remain about potential impacts on DeFi protocols and stablecoin integrations.