Federal Reserve Abandons Dedicated Plan for Cryptocurrency and Fintech Banking Regulation
2025-08-16 / Read about 0 minute
Author:小编   

The Federal Reserve has announced the cancellation of its dedicated "new activities" supervision plan specifically tailored to oversee banks' involvement in cryptocurrency and fintech. Introduced in 2023, this plan was intended to monitor banks' engagements with emerging technologies. The Fed has now stated that it has gained a deeper comprehension of these risks and the risk management practices employed by banks, leading to the decision to integrate these activities into the routine banking supervision framework.