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Crypto Breakthrough: Fed Removes Key Banking Barrier—Details

Bitcoinist LogoBitcoinist2d ago

Crypto Breakthrough: Fed Removes Key Banking Barrier—Details - Bitcoinist

Quick Summary:

The US Federal Reserve said on April 24 that it has lifted requirements that banks provide advance notice before getting involved in cryptocurrency businesses.

This is a full about-face from the cautious policy regulators had taken previously with digital assets.

The limits were imposed after a series of crises struck the digital currency sector in 2022, prompting regulators to issue warnings about possible dangers.

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Crypto Breakthrough: Fed Removes Key Banking Barrier—Details - Bitcoinist (Picture 1)

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-26 @ 16:00:41 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 410 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28217593

View Article Analysis

About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 6 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Crypto Breakthrough: Fed Removes Key Banking Barrier—Details" has 410 words across 29 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Crypto Breakthrough: Fed Removes Key Banking Barrier—Details" was covered 2 days ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 6 news stories per day.

It's most recent story was published 9 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #28217593
  • URL: https://forold.beamstart.com/news/crypto-breakthrough-fed-removes-key-17456835805227

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