ExchangeDEX+

Buy Crypto Markets Spot FuturesGOLD Earn Event Centre

PANews reported on February 24 that following previous steps to remove reputational risk from banking regulation, the Federal Reserve Board of Governors on MondayPANews reported on February 24 that following previous steps to remove reputational risk from banking regulation, the Federal Reserve Board of Governors on Monday

The Federal Reserve is considering including "reputational risk" in its regulatory rules and is seeking 60 days for comments.

Author: PANews

Source: PANews

2026/02/24 10:39

1 min read

BANK$0.03731-1.21%

MOVE$0.02098-5.23%

PANews reported on February 24 that following previous steps to remove reputational risk from banking regulation, the Federal Reserve Board of Governors on Monday solicited comments for 60 days on a proposal aimed at formally enshrining this removal in law. The proposal formally removes "reputational risk" from bank inspections/regulations and reiterates that banks cannot be penalized or required to "debank" themselves because customers engage in legitimate activities. Vice Chairman Bowman stated that there have been cases of "debanking" due to political/religious reasons or legitimate but unpopular industries. Bitcoin Magazine suggests this move could alleviate regulatory pressure on crypto businesses facing "debanking."

Market Opportunity

Lorenzo Protocol Price(BANK)

$0.03731

$0.03731$0.03731

-1.40%

USD

Lorenzo Protocol (BANK) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.