US regulators FDIC and CFTC make it easier for banks to engage in crypto activities.

From Cointelegraph

March 28, 2025 4:08 PM:

The FDIC allows banks to engage in crypto activities without prior approval. They rescinded a previous instruction and defined crypto activities to include custodianship, stablecoin reserves, and more. Banks should consider risks like market, cybersecurity, and AML requirements. The FDIC also eliminated the “reputational risk” category from bank exams, opening the path for banks to work with digital assets. The CFTC clarified that digital asset derivatives won’t be treated differently, signaling a changing regulatory environment for crypto firms. Trump’s administration has created an easing regulatory climate, prompting firms like Coinbase and Kraken to make moves in the derivatives market. Kraken announced the acquisition of NinjaTrader to offer crypto futures and derivatives in the US.

Read more at CoinTelegraph: US regulators FDIC and CFTC ease crypto restrictions for banks, derivatives