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Federal Reserve withdraws crypto guidance for banks

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1 year ago

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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.

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ZetaChain dismissed bug report that could have prevented $334K exploit

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36 minutes ago

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April 29, 2026

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The vulnerability behind ZetaChain’s $334,000 exploit had been reported through its bug bounty program before the attack but was dismissed.

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Polymarket pushes for broader US relaunch with CFTC talks: Report

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2 hours ago

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April 29, 2026

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Polymarket is reportedly in talks with the CFTC to restore US access after its 2022 settlement, following a limited US rollout in December 2025 focused on sports contracts.

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Dunamu, Hana Financial take blockchain remittance system live with POSCO

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2 hours ago

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April 29, 2026

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South Korea’s Hana Financial, POSCO International and Upbit operator Dunamu have moved their blockchain remittance system into live trade transactions.

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