Breaking News :
The Fed retracts a policy from 2023 - limiting banks' participation in crypto services.
FDIC-insured banks are still subject to strict limits; uninsured banks can apply to the Fed to test new operations.
Reason: The Fed believes that the financial system and understanding of innovative products have progressed.
The move reflects a loosening of policy under Trump, following a tightening phase after the FTX event.