US Federal Reserve Fed surprisingly raises the risk of reputation: Way free for crypto companies?

US Federal Reserve Fed surprisingly raises the risk of reputation: Way free for crypto companies?

US Federal Reserve Fed Lord for crypto companies

The US Federal Reserve (FED) has made a significant decision that could have a potentially major impact on the cryptocurrency industry. The FED has silently and quietly abolished an old rule to the so-called "reputation risk", which was previously considered a barrier for crypto companies. This rule was used to limit the possibilities of access to banking services for companies in the crypto sector and thus promote a kind of escape.

With the abolition of this rule, crypto companies now get better chances of being integrated into the traditional financial system. This step could interpret as a signal that the FED strives to loosen the regulatory framework for digital currencies and to offer companies more stability and trust in the industry.

The decision of the FED could significantly accelerate the development and acceptance of crypto technologies in the United States by enabling these companies to use financial services easier and thus strengthen their market position. Analysts now observe exactly how this change will have an impact in practice and whether it can promote the growth of the crypto industry.