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    1. coinfeeds-bot on

      tldr; The Federal Reserve has withdrawn its guidance requiring banks to notify the Fed before engaging in crypto-asset activities, aligning with similar actions by the OCC and FDIC. This move aims to foster innovation, increase institutional involvement in cryptocurrencies, and support safe adoption of new technologies like AI. By updating or removing outdated rules, the Fed seeks to provide clearer regulations, enabling banks to explore crypto and tech innovations while maintaining financial system protections.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. UpbeatFix7299 on

      What „innovation“? I guess the reason no one interacts with crypto beyond price speculation is because of those evil regulators. And not because the tech sucks

    3. The Federal Reserve only cares about one thing: creating a CBDC to enslave Americans with. They’re just paving the way for FedCoin.

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