> After years of caution and restrictions, regulators now grant banks more freedom to explore Crypto Asset opportunities and expect them to engage in responsible innovation.

Written by: Chainalysis
Compiled by: Wuzhu, Golden Finance

Summary

U.S. banking regulators (the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve, and the Office of the Comptroller of the Currency (OCC)) have rescinded their previous restrictive statements on Crypto Assets, granting banks more freedom to engage in the digital asset space without prior approval.

If banks can maintain proper risk management measures, they can more easily provide Crypto Assets services and offer banking services to crypto enterprises.

Although U.S. regulations are easing and many regions are taking a more supportive stance, globally influential institutions must still comply with the standards set by the Basel Committee.

Cango Company released its unaudited financial performance report for the first quarter of 2025: total revenue of 1.1 billion RMB, with the Bitcoin mining business contributing 1 billion RMB in revenue; mining output of 1,541 Bitcoins, with an average cost of 70,602.1 USD per Bitcoin; as of March 31, total cash and short-term investments amount to 2.5 billion RMB.

According to Foresight News, MoonPay announced a partnership with Mastercard to provide stablecoin payment and consumption services for 150 million businesses worldwide.