The Federal Reserve withdraws 2023 guidance, allowing state-chartered banks more flexibility to engage in crypto-related activities.

The Federal Reserve has withdrawn its 2023 guidance, clearing the way for uninsured state banks to engage in crypto activities under Fed supervision.

The U.S. Federal Reserve has taken a notable step in reshaping how banks under its supervision can engage with crypto.

Fed withdraws 2023 crypto limits, letting uninsured state banks pursue digital assets with approval, controls, and safety oversight.