The US FSOC annual report no longer lists cryptocurrencies as a potential threat
ChainCatcher news, according to a report by Coindesk, the United States Financial Stability Oversight Council (FSOC) has removed its warning on digital asset vulnerabilities in its latest annual report. This regulatory body, established after the 2008 financial crisis, had previously listed digital assets as one of the risks to the financial system every year.
Treasury Secretary Bessant stated in the report that financial stability requires not only focusing on risks but also promoting long-term economic growth. The 2025 report was reduced from 140 pages to 87 pages, completely removing the term "vulnerability" and no longer expressing explicit concerns or regulatory recommendations for the crypto industry. Instead, the report praised the industry's strengths and pointed out that US dollar stablecoins help consolidate the dollar's position in the international financial system.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto startup LI.FI completes $29 million funding round
Ark Invest increases holdings by 13,700 shares of spot Bitcoin ETF ARKB and over 120,000 shares of Robinhood
