PANews reported on December 18th that, according to crypto journalist Eleanor Terrett, the Federal Reserve has decided to rescind a 2023 guidance that effectivelyPANews reported on December 18th that, according to crypto journalist Eleanor Terrett, the Federal Reserve has decided to rescind a 2023 guidance that effectively
The Federal Reserve withdrew its 2023 guidance restricting uninsured banks' involvement in crypto business.
PANews reported on December 18th that, according to crypto journalist Eleanor Terrett, the Federal Reserve has decided to rescind a 2023 guidance that effectively prevented uninsured banks from becoming Fed members and participating in cryptocurrency-related businesses. This guidance was the basis for the Fed's rejection of Custodia Bank's master account application.
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