The Federal Reserve's significant shift on Wednesday: the 2023 crypto restrictions policy for banks is completely abolished. The ban zone is fully open—banks are now given the green light to enter crypto business, and the approval barriers for certain bank accounts that were previously stuck have also disappeared. The Fed Vice Chairman candidly stated that financial innovation under a compliant framework is worth supporting, and new technologies can make the banking system operate more smoothly and greatly enhance user experience.

This move is crucial for the crypto market. Once traditional financial institutions enter on a large scale, compliant funds and institutional endorsements will follow. In the short term, the market will see a significant boost, but we should remain cautious in our trading—take profits gradually during rebounds, avoid greed, and strictly adhere to stop-losses. #BinanceABCs $BTC $BNB