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ABA: The American Bankers Association
Statement
  • For Immediate Release
  • April 24, 2025

ABA Welcomes Fed and FDIC Rescission of Crypto Guidance

“We have long believed banking regulators should avoid implementing rules or guidance that limit banks’ ability to offer digital asset products and services in a safe and sound manner. Today’s announcement from the Fed and FDIC is a welcome and important step toward achieving that goal and ensuring consumers can access these products and services through their trusted bank relationships.  We look forward to working with the Fed and FDIC in this fast-evolving marketplace.”

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About the American Bankers Association

The American Bankers Association is the voice of the nation’s $24.1 trillion banking industry, which is composed of small, regional and large banks that together employ approximately 2.1 million people, safeguard $19.2 trillion in deposits and extend $12.7 trillion in loans.

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