According to @simplykashif, the Federal Reserve has removed its 2023 crypto restriction, clearing the way for uninsured banks to engage in crypto activities (source: @simplykashif). The 2023 policy statement had limited state member banks’ ability to engage in certain crypto activities without heightened supervisory oversight, making any removal a material shift in U.S. bank access to digital assets (source: Federal Reserve Board, Jan 27, 2023 policy statement). Traders should seek confirmation on the Federal Reserve Board website or the Federal Register before repositioning, as regulatory headlines can materially move BTC and ETH around U.S. market hours (sources: Federal Reserve Board; CME Group). If confirmed, monitor CME BTC and ETH futures basis and open interest for signs of increased institutional participation, and track stablecoin net issuance as a proxy for fiat on-ramp liquidity (sources: CME Group; Chainalysis).