The cryptocurrency sector welcomes Bullish news! The Federal Reserve announces the withdrawal of cryptocurrency regulatory guidelines.

① On April 25, the Federal Reserve announced the withdrawal of two regulatory guidelines related to Crypto activities and updated the relevant Business expectations standards; ② This move means that Banks do not need to obtain prior approval from regulatory Institutions before engaging in Crypto and stablecoin activities; ③ This reflects the latest initiative of the Trump administration to take a more friendly stance toward Cryptos, resulting in a rise in Bitcoin.

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