#美国证券交易委员会推进数字资产监管框架创新 The Federal Reserve has truly loosened its grip.

Latest news, the Federal Reserve has officially announced the withdrawal of the 2023 statement that imposed strict regulations on banks engaging in cryptocurrency activities—especially those state member banks lacking FDIC deposit insurance coverage. Instead, a new framework will be implemented in 2025, centered around one core principle: "Same activities, same risks, same regulation."

How significant is this shift? Remember when Custodia Bank’s application for a Fed master account was stuck, indirectly blocking traditional banks from deeply entering the crypto ecosystem. Now, with policy easing, banks can more confidently engage in crypto custody, issue stablecoins, and handle payments and settlements—opening up new possibilities for the integration of traditional finance and digital assets.

But don’t get it wrong; this is not a "full deregulation." The Fed still emphasizes risk management as a bottom line. Banks wanting to pursue these new activities must demonstrate controllable risks and compliant processes to prevent systemic risks. In other words, this is conditional innovation, not reckless expansion.