Uninsured Banks
Federal Reserve's 2023 Crypto Policy: What It Means for State Banks
On January 27, 2023, the Federal Reserve introduced a policy restricting crypto-asset activities for uninsured state member banks, aligning their regulations closer to insured banks and limiting new crypto endeavors. This aims to standardize regulatory conditions across state-chartered banks and deter membership applications for crypto-focused services.
Published at 2025-09-03 17:05:41