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Posted: 2025-04-26 00:28:08 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-26 00:28:54 UTC
Verified By
Rollup News
Senator Cynthia Lummis criticizes the Federal Reserve's actions regarding crypto regulations, stating that withdrawing crypto-related guidance is symbolic and the Fed continues to obstruct crypto banks' access to master accounts.
Federal Reserve's withdrawal of crypto-related guidance is symbolic.
The Fed continues to obstruct crypto banks' access to master accounts.
The Fed still uses reputation risk in bank supervision.
Criticism of the Fed for not withdrawing the Policy Statement on Section 9(13).
Unlawful obstruction of crypto banks' access to master accounts.
Use of reputation risk in bank supervision.
Classification of Bitcoin and digital assets as “unsafe and unsound.”