Federal Reserve Introduces New Policy to Promote Bank Innovation and Crypto Engagement
TL;DR Summary
The Federal Reserve Board has withdrawn its 2023 policy statement and introduced a new policy to support responsible innovation in certain Board-supervised banks, aiming to foster technological advancements while maintaining financial stability.
Topics:business#bank-innovation#banking-sector#business#federal-reserve#financial-regulation#policy-update
- Federal Reserve Board withdraws 2023 policy statement and issues new policy statement regarding the treatment of certain Board-supervised banks that facilitates responsible innovation Federal Reserve Board (.gov)
- Fed Unveils Fresh Guidance in Bid to Boost Bank Innovation Bloomberg.com
- Federal Reserve withdraws restrictive 2023 policy severely limiting 'novel' crypto activities The Block
- US Fed pulls guidance blocking its banks from engaging with crypto TradingView — Track All Markets
- Fed Supports Bank Innovation with New Policy Directive cointurk finance
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