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

88 people charged over 12 crypto wrench attacks in France

Published

23 minutes ago

April 27, 2026

French law enforcement agencies have been investigating wrench attacks and found that some of the alleged offenders were involved in multiple incidents

Coin Market

Prediction markets reflect ‘wisdom of an informed minority,’ not crowd: Study

Published

1 hour ago

April 27, 2026

About 3.5% of informed traders, including market makers and skilled takers, capture over 30% of profits on prediction platforms, while about 67% of users absorb the entirety of losses.

Coin Market

Western Union eyes May for its stablecoin USDPT rollout

Published

3 hours 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.