Federal Reserve scraps crypto-specific bank rules, replacing them with a principles-based framework that eases regulatory friction, expands flexibility for state member banks, and reopens pathways for crypto custody, payments, and tokenization. Federal Reserve Ditches 2023 Crypto Rulebook, Reworking Bank Risk Assessment The Federal Reserve announced on Dec. 17 that the Board of Governors rescinded its […]
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Update (Oct. 23, 6:27 pm UTC): This article has been updated to include a response from Tether.Senator Richard Blumenthal has requested information from Tether CEO Paolo Ardoino after...
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