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DeFi eliminates intermediaries by using smart contracts on blockchains to provide financial services like lending, borrowing, and trading. In 2026, the "DeFi 3.0" era is defined by Institutional DeFi and the integration of Real-World Assets (RWA). From liquidity provisioning on Uniswap to advanced lending on Aave, this tag tracks the evolution of autonomous financial systems, yield optimization, and the rise of AI-driven portfolio management in the decentralized economy.

67467 Articles

Created: 2026/02/02 18:52

Updated: 2026/02/02 18:52

Fed Cracks Down: U.S. Banks Can No Longer Block Crypto Over “Reputational Risk”—Now What?

Fed Cracks Down: U.S. Banks Can No Longer Block Crypto Over “Reputational Risk”—Now What?

The United States Federal Reserve has removed “reputational risk” from its supervisory framework for banks, a decision that could reshape how financial institutions engage with the crypto sector. In a policy update released Monday, the Fed said it will now focus on more specific financial risk discussions instead of the vague and often criticized reputational risk metric. For years, crypto firms have argued that reputational risk has been used as a vague and unfair justification to block or sever banking relationships with crypto firms, contributing to what many referred to as “debanking.” @federalreserve announces that reputational risk will no longer be a component of examination programs in its supervision of banks: https://t.co/7Gwn1UuyNx — Federal Reserve (@federalreserve) June 23, 2025 With the change, banks may now find it easier to do business with digital asset companies without fear of supervisory pushback. Fed Clarifies Banks Risk Ratings, Dropping Barrier Long Blamed for Crypto Exclusion The policy shift may ease access to financial services for companies operating in the digital asset space, many of which have faced challenges in maintaining banking ties over the past several years. “This is a win, but there is still more work to be done,” said U.S. Senator Cynthia Lummis in response to the announcement. Lummis, a pro-crypto lawmaker from Wyoming, has been vocal about the need for regulatory clarity in the crypto space and has criticized what she called the “assassination” of digital asset businesses in the U.S. through aggressive regulatory practices. In February, I exposed the Fed’s aggressive reputation risk policies that assassinated American bitcoin & digital asset businesses. Today, the Fed announced it will scrap reputation risk as a factor in its bank supervision. This is a win, but there is still more work to be done. https://t.co/AOZSr0IFcp pic.twitter.com/1FtsIcNJsI — Senator Cynthia Lummis (@SenLummis) June 23, 2025 According to the Federal Reserve, the removal of reputational risk is meant to clarify how examiners evaluate a bank’s risk management practices. The updated guidance emphasizes that the formal rating will now reflect both quantitative and qualitative elements tied directly to financial performance and safety. “This change does not alter the Board’s expectation that banks maintain strong risk management,” the Fed said, adding that the adjustment is not meant to prevent banks from using the concept of reputational risk in their own internal assessments. Historically, reputational risk was defined by the Fed as the possibility that negative publicity, true or not, could lead to customer losses, litigation, or a drop in revenue. Critics in the crypto industry have long argued that the term was too broad and too subjective, allowing regulators to apply inconsistent standards, especially when it came to digital assets. Fed Ends ‘Operation Chokepoint 2.0’ Tactics with Reputational Risk Reform The decision comes after years of what some have described as “ Operation Chokepoint 2.0 ,” a period during which more than 30 crypto and fintech firms reported being cut off from banking services. Rob Nichols, president of the American Bankers Association, welcomed the change. “The supervisory process will now be more transparent and consistent,” he said. “We have long believed banks should be able to make business decisions based on prudent risk management and the free market, not the individual perspectives of regulators,” he added. The Fed has already begun reviewing and removing references to reputational risk from its guidance materials. It is also planning to train examiners on the new framework and coordinate with other federal banking regulators to ensure consistent application. The removal of reputational risk references will be done gradually as existing guidance is updated. Although banks are still required to manage risks in line with existing regulations, the shift could provide relief for crypto firms seeking stable banking relationships in the U.S. It also follows a broader trend of regulatory recalibration, as several federal agencies appear to be easing crypto-related restrictions introduced in previous years . The crypto industry scored several wins in recent months as federal regulators eased long-standing banking barriers. The FDIC removed “reputational risk” from its bank oversight criteria , following the Senate Banking Committee’s approval of the FIRM Act. In May, the OCC confirmed banks can handle crypto trading and delegate services. The FDIC also greenlit crypto activities without prior approval. On June 17, the Senate passed the GENIUS Act , focused on stablecoin regulation, with strong bipartisan support. The bill now heads to the House, potentially cementing the first comprehensive US crypto framework. Still, some observers warn the change could reduce oversight and open the door to riskier bank behavior if not properly monitored. But for the digital asset industry, the removal of reputational risk marks a moment of progress after years of regulatory uncertainty.

Author: CryptoNews

2025/06/24

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Bitcoin's "State HODL" is now online. Why is Texas the first stop?

Bitcoin's "State HODL" is now online. Why is Texas the first stop?

In the vast state of Texas, a grand experiment on the digital future is moving forward at full speed with a clear goal and in unison. With a stroke of

2025/06/24

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a16z: 5 core indicators reveal the current state of the crypto market

a16z: 5 core indicators reveal the current state of the crypto market

Author: Daren Matsuoka , a16z crypto Compiled by: Tim, PANews The crypto industry is maturing, and late last year we outlined five indicators to watch closely in 2025 to track

2025/06/24

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The bottleneck problem: Why ‘fast’ blockchains fail when it counts most | Opinion

The bottleneck problem: Why ‘fast’ blockchains fail when it counts most | Opinion

The reality is that many first-generation high-speed blockchains were built without accounting for these interlocking constraints

Author: Crypto.news

2025/06/24

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Crypto tax Australia: How does Australia tax their crypto?

Crypto tax Australia: How does Australia tax their crypto?

A recent ruling in a criminal court case classified crypto assets as money, which goes against the long-held crypto tax Australian office that counts crypto as capital gains. A court decision involving a federal police officer who allegedly stole 81.6…

Author: Crypto.news

2025/06/24

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Wu Jiezhuang: It is recommended that Hong Kong learn from the EU MiCA's cross-border coordination experience and continue to pay attention to market changes to adjust the guidelines in a timely manner

Wu Jiezhuang: It is recommended that Hong Kong learn from the EU MiCA's cross-border coordination experience and continue to pay attention to market changes to adjust the guidelines in a timely manner

PANews reported on June 24 that Hong Kong Legislative Council member Wu Jiezhuang said that after years of efforts, the passage of the Stablecoin Ordinance in Hong Kong marks the

2025/06/24

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Ethereum developers propose halving block time to 6 seconds

Ethereum developers propose halving block time to 6 seconds

PANews reported on June 24 that according to Cointelegraph, Ethereum core developer Barnabé Monnot recently discussed the EIP-7782 improvement proposal, which intends to reduce the block generation time from 12

2025/06/24

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Multi-dimensional comparison: Sui Ecosystem Walrus and Irys data competition

Multi-dimensional comparison: Sui Ecosystem Walrus and Irys data competition

Author: Ponyo Compiled by: Sui Network Summary of key points ? Architecture: Irys is a fully-featured, all-in-one Layer 1 “datachain” that provides native blob access to contracts, but requires a

2025/06/24

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The crypto market rebounded from the bottom, the AI sector led the increase by more than 13%, and BTC exceeded $105,000

The crypto market rebounded from the bottom, the AI sector led the increase by more than 13%, and BTC exceeded $105,000

PANews reported on June 24 that according to SoSoValue data, as the situation in the Middle East cooled down and Trump announced a ceasefire between Iran and Israel, the crypto

2025/06/24

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EIP-1559: Ethereum from "World Computer" to "World Central Bank"

EIP-1559: Ethereum from "World Computer" to "World Central Bank"

Author:Haotian Many people regard Vitalik Buterin's emphasis on Ethereum as the "world ledger" as a new strategic adjustment, but in fact, this transformation was completed the moment EIP-1559 was launched.

2025/06/24

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