🔥FED ENDS CRYPTO MONITORING PROGRAM❗️ BANK ACCESS GETS EASIER❗️

The Federal Reserve ( announced that it will terminate the "Novel Activities Supervision Program" launched in 2023 to oversee banks' cryptocurrency and fintech activities. This program was established following the bank failures in 2023, such as Silicon Valley Bank, and aimed to monitor the risks of innovative technologies ) Coindesk, 2025(.
The Fed stated that over the past two years, these activities have increased its knowledge regarding risks and banks' management practices, announcing that it would integrate the oversight into standard processes. The official statement said, "Federal Reserve has strengthened its understanding of those activities, related risks, and bank risk management practices" )Federal Reserve Board, 2025(.
According to Reuters, this change shifts the regulation of crypto and fintech interactions to regular bank oversight )Reuters, 2025(.
CoinDesk states that with Trump's second term, regulators might ease cryptocurrency restrictions, potentially alleviating the claims of "Operation Chokepoint 2.0" )Coindesk, 2025(.
🔥The cancellation of the program will take place with the withdrawal of the 2023 audit letter‼️
🔥🔥🔥This decision could facilitate bank access in the crypto sector, promoting innovation‼️
)
#CryptoObservers# #gateio# #escoin# #elg#