The Federal Reserve revokes guidance on cryptocurrency related banking or accelerates the inclusion of traditional banks in BTC checking accounts, cryptocurrency loans, and other businesses

According to a report by Golden Finance, the Federal Reserve has announced the revocation of regulatory guidelines for banks' cryptocurrency and US dollar token businesses, and has simultaneously updated relevant business expectation standards. Analysis suggests that the Federal Reserve's move marks a broader legalization of Bitcoin in the eyes of regulatory agencies, surpassing simple banking policies and helping the Fed accelerate its vision of a financial environment where Bitcoin is as easily accessible and secure as traditional fiat currency. This may mean that Bitcoin checking accounts, cryptocurrency backed loans, and cryptocurrency to fiat currency conversions will be incorporated into traditional banking operations faster than expected.