February 24 News: The U.S. Federal Reserve has officially advanced a regulatory proposal to end the “de-banking” of the crypto industry and has opened a 60-day public comment period on related banking regulations. This move is seen as a significant signal of a shift in U.S. financial regulatory policy, with the crypto industry generally believing it could weaken long-standing banking restrictions that have troubled digital asset companies.
According to official statements, the proposed rules aim to remove “reputation risk” as a core basis for banks to review clients from the regulatory framework, instead focusing on “material financial risk.” Regulators have previously instructed banking authorities not to require financial institutions to close accounts solely based on reputation concerns, which could provide clearer institutional protections for legitimate crypto businesses in opening accounts and accessing funds.
Vice Chair Michelle Bowman pointed out that regulators have previously pressured financial institutions to cancel services based on clients’ political stances, religious beliefs, or engagement in unpopular but legal industries, sparking widespread controversy. The crypto community refers to this phenomenon as “Choking Action 2.0,” believing it has limited digital asset companies’ ability to access traditional financial systems.
On the policy front, the Trump administration had previously pushed investigations into allegations of “de-banking” the crypto industry and used administrative measures to require regulatory agencies to review such practices. Senator Cynthia Lummis publicly supported the Federal Reserve’s latest proposal on social media, stating that regulators should not determine the banking access of digital asset companies based on subjective standards, and emphasizing that removing “reputation risk” is a key step toward ending de-banking in crypto.
Additionally, Alex Thorn, Research Director at Galaxy Digital, said that this policy adjustment could mark a move toward a more rational crypto regulatory environment in the U.S. As banking compliance standards become clearer, the policies on crypto company account opening, digital asset compliance frameworks, and access to crypto financial services are expected to become key focal points for U.S. crypto regulation and institutional entry by 2026.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitunix Analyst: Margin reduction combined with oil price shocks shifts market pricing towards "higher interest rates for a longer period"
CME lowers precious metals futures margin requirements, signaling increased market liquidity. The Middle East conflict has driven up energy prices, leading to a reassessment of inflation risks. The interest rate market pricing has shifted, with easing expectations cooling down, and funds focusing on U.S. non-farm payroll data, affecting economic and liquidity trends. The crypto market is also impacted, with short-term volatility rising.
GateNews2h ago
The Federal Reserve emphasizes technological neutrality! The capital accounting method for tokenized securities should be in line with traditional securities.
The Federal Reserve, FDIC, and OCC jointly issued guidelines, clearly stating that tokenized securities should follow the same capital requirements as traditional securities, emphasizing neutrality regarding technological forms to promote the development of blockchain assets, reduce regulatory concerns, and enhance the business flexibility of financial institutions.
CryptoCity4h ago
ETH short-term upward movement of 0.99%: Driven by whale inflows and external capital transfers, a structural rebound
From 01:30 to 01:45 (UTC) on March 6, 2026, ETH achieved a return of +0.99% within 15 minutes, with a price range of 2065.42 to 2088.57 USDT, and an amplitude of 1.12%. The volatility during this window was significantly higher than the daily average, increasing short-term market attention. Liquidity was relatively low, and some large transactions drove the trading volume upward.
The main driver of this abnormal movement was the concentrated inflow of whale funds into decentralized exchanges and large transfers. On-chain monitoring detected multiple large ETH fund inflows into DeFi protocols and trading platforms, effectively pushing
GateNews5h ago
The Federal Reserve announces "technological neutrality," aligning tokenized securities capital rules with traditional securities
The Federal Reserve has issued guidelines stipulating that banks should treat tokenized securities equally with traditional securities when calculating regulatory capital, emphasizing the principle of technological neutrality. No special legislation is required; banks can operate under the existing framework. This move provides a stable policy foundation for tokenization businesses, promotes market growth, and reduces compliance costs.
MarketWhisper6h ago
The flow of money into stablecoins recovers to $1.7 billion as Washington debates interest rate regulations
The weekly net inflow into stablecoins has seen a strong rebound over the past week, as on-chain activity increased despite ongoing debates between U.S. lawmakers and banking groups about whether third parties should be allowed to pay interest on stablecoins. This is the information
TapChiBitcoin6h ago
U.S. Treasury yields rise across the board, with market expectations for fewer interest rate cuts
Influenced by Middle East conflicts and inflation concerns, U.S. Treasury yields continue to rise. Initial jobless claims remain at 213,000, and the January import price index growth was below expectations. The market expects non-farm employment to decline, while the futures market anticipates the Federal Reserve will cut interest rates only once by 2026. The 10-year U.S. Treasury yield rose to 4.134%.
GateNews17h ago
