Participant founder of the strategy Michael Celor Claims It is now free to start supporting bitcoin.
On Thursday, the Federal Reserve announced that it had withdrew the instructions for banks related to assets and symbolic activities.
Before that, the banking institutions were supposed to notify the Federal Reserve if they intend to participate in the emerging assets category.
From now on, activities related to cryptocurrencies such as regular banking activities will be dealt with without additional audit.
“Regular Banking Control is still applied, but the path is more clear for banks to enter encryption. Good news if you want large banks in Stablecoin, and a sign that the organizers adapt instead of explicitly preventing the integration of encryption.”
