Federal Reserve (FED) has rescinded its 2022 supervisory letter requiring state member banks to provide advance notice of planned or ongoing crypto-asset activities

Event date

April 24, 2025

Quotes that support claims

”The Board is rescinding its 2022 supervisory letter establishing an expectation that state member banks provide advance notification of planned or current crypto-asset activities,” the Board of Governors of the Federal Reserve explained in an April 24 statement.

The Fed is rescinding its supervisory letter from 2022 that called for notification in advance of planned or ongoing crypto-asset activities.

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Week 17 of 2025