An expanded but still punchy version tailored for Nostr:

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**🚨 Fed Unwinds Crypto Guidance for Banks**

Major shift from the Federal Reserve today:

🔹 **No more pre-approval** needed: Banks no longer have to notify the Fed before engaging in crypto or dollar token activities.

🔹 **“Supervisory nonobjection” process is toast**: That extra hoop for dollar token activity? Gone.

🔹 **Fed & FDIC pull out of 2023 joint warnings** about crypto and liquidity risks.

📣 The Fed says this is about keeping up with **evolving risks** and supporting **financial innovation**.

👀 Translation:

- Banks now have **more freedom** to experiment with crypto

- Fed will shift to **monitoring, not micromanaging**

- Still leaves the door open for **future rules** if needed

Net-net: regulatory guardrails just got looser.

https://www.federalreserve.gov/newsevents/pressreleases/bcreg20250424a.htm