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🎯 NEW: TradFi coalition urges 🇺🇸 Trump to overhaul ‘restrictive’ Biden-era crypto policies
The letter, sent to David Sacks, cites specific regulatory actions enacted under the Biden admin that the groups believe stifle bank involvement in crypto, including:
📌 Federal Reserve’s SR 22-6 policy on crypto engagement
📌 OCC’s Interpretive Letter 1179, which limits crypto custody
📌 FDIC’s FIL-16-2022 notification requirement tied to crypto activities
📌 Joint agency guidance issuing warnings regarding crypto-asset risks
They have requested a meeting with Sacks to discuss further steps.
#Crypto Market Pullback #New Coins in Focus #PI Price Trend Analysis #btc