Coin Market

Federal Reserve withdraws crypto guidance for banks

Published

1 year ago

April 24, 2025

The US Federal Reserve has announced it would withdraw guidance for banks engaging in crypto asset and stablecoin-related activities.

”The Board is rescinding its 2022 supervisory letter establishing an expectation that state member banks provide advance notification of planned or current crypto-asset activities,” the Board of Governors of the Federal Reserve explained in an April 24 statement.

Any crypto-related activities will now be monitored through the Federal Reserve’s normal supervisory process, it said.

The Federal Reserve is also rescinding its 2023 supervisory letter that impacted how state banks could engage in stablecoin activities.

This is a developing story, and further information will be added as it becomes available.

Coin Market

Western Union eyes May for its stablecoin USDPT rollout

Published

1 hour ago

April 27, 2026

Western Union CEO Devin McGranahan said the company will focus on expanding adoption and embedding digital assets into its core money movement platform going forward.

Coin Market

Aave asks Arbitrum to send 30K ETH from Kelp exploiter to ‘DeFi United’

Published

2 hours ago

April 27, 2026

More than $21 million in contributions has been made to the “DeFi United” relief effort so far, with another $215 million to be potentially allocated if certain governance proposals succeed.

Coin Market

‘Historical average’ could push Bitcoin bottom at $57K level: Analyst

Published

8 hours ago

April 26, 2026

Bitcoin was “rejected” from the $80,000 price level, which is its next resistance zone on the way to reclaiming the $100,000 psychological price level.