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Wall Street Eyes Crypto Again as U.S. Policy Shift Fuels Momentum
US regulators are finally unwinding long-standing restrictions on digital assets. The latest moves by the Federal Reserve and the Securities and Exchange Commission are aimed at easing the regulatory hurdles that have been stalling banks and institutional investors from entering crypto markets. Prices may still be on shaky ground, but the policy shift has given the sector a more optimistic long-term outlook. The Fed quietly withdrew its 2023 guidance and issued a new framework that allows supervised banks to pursue crypto-related activities. Both insured and uninsured member banks can do so under existing rules, ... (full story)
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