Fed Lifts Crypto Ban, Opening Door for Bank Bitcoin Adoption The Fed is removing its crypto guidance from 2022, paving the way for US banks to potentially support Bitcoin. Michael Saylor, a prominent Bitcoin advocate, sees this as a significant step towards increased institutional adoption, potentially spurring a new wave of investment. #Bitcoin #Crypto #Regulation

Fed's Crypto Guidance Shift: Banks Now Free to Embrace Bitcoin? The US Federal Reserve has removed its 2022 guidance discouraging banks from dealing with crypto. This move, interpreted by some as a softening of the regulatory stance, is expected to boost Bitcoin adoption by US financial institutions. The removal of the guidance, which previously cautioned about potential risks, now potentially opens the door for broader institutional involvement. However, actual bank adoption remains to be seen, and the passage of regulatory frameworks like the STABLE Act is still needed for further harmonization.