Federal Reserve Ends Special Crypto Oversight Amid “Debanking” Debate

Summary: Why is the Federal Reserve ending its specialized oversight program for crypto and fintech activities? The Fed is retiring the program to return to standard supervisory procedures while continuing to monitor banks’ emerging financial activities. The move follows political pressure and criticism from pro-crypto lawmakers, who argued the program contributed to “debanking” digital asset companies. Officials say the initiative has already improved their understanding of the risks associated with crypto and fintech operations. The U source: https://news.shib.io/2025/08/18/federal-reserve-ends-special-crypto-oversight-amid-debanking-debate/