This unexpected move sparked immediate conversation across the financial and crypto sectors — especially among supporters of XRP and other prominent altcoins. The Board’s announcement rescinded supervisory letters from 2022 and 2023, which had previously outlined strict expectations for state member banks engaged in crypto-asset activities. Under the old rules, banks had to provide advance notice and gain non-objection from the Fed before engaging with crypto-assets or dollar tokens. Now, that framework is being dismantled
source: https://coindoo.com/xrp-can-banks-use-the-altcoin-after-fed-withdrew-its-guidance/