Trump Crypto Policy: Sacks Hails Fed’s Crucial Crypto Banking Reversal

Quick Summary:

In a significant development for the cryptocurrency industry, David Sacks, a key figure advising the Trump campaign on crypto and AI policy, has voiced strong support for the U.S.

Federal Reserve’s recent decision to ease certain guidelines related to banks’ engagement with crypto assets and stablecoins.

Rescinding such guidance could signal to banks that the regulatory stance is shifting, potentially making them more comfortable exploring or expanding services related to crypto and stablecoins, provided they manage risks appropriately under existing frameworks.

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets: India

Topics: Banking REGULATION Crypto policy Crypto News Federal Reserve David sacks

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-26 @ 06:00:28 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 1175 words

Reading Time: 7 minutes read

Sentences: 58 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 28213842

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 37 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 13 hours ago

Coverage Areas: India

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Publisher ID: #121

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