Jerome Powell Gives Green Light to Ethereum: Banks Free!
At a press conference on November 30, 2025, US Federal Reserve Chairman Jerome Powell confirmed that banks can offer Ethereum-based services. All banks will be able to offer cryptocurrency services, provided they adhere to "safe and sound" standards. This announcement accelerates institutional adoption of Ethereum; Bitcoin rose 2%, and Ethereum rose 3%.
Years of uncertainty are over. The OCC's "Project Crypto" rules, issued on July 15, 2025, streamline custody and trading services. This was interpreted as a "giant step for Ethereum!" Banks with a market capitalization exceeding $23 trillion can trigger $ETH inflows. However, risk management is imperative: AML and liquidity controls will be tightened.
This development is transforming the US into a crypto-friendly hub. Investors are anticipating the integration of ETFs and DeFi.
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Jerome Powell Gives Green Light to Ethereum: Banks Free!
At a press conference on November 30, 2025, US Federal Reserve Chairman Jerome Powell confirmed that banks can offer Ethereum-based services. All banks will be able to offer cryptocurrency services, provided they adhere to "safe and sound" standards. This announcement accelerates institutional adoption of Ethereum; Bitcoin rose 2%, and Ethereum rose 3%.
Years of uncertainty are over. The OCC's "Project Crypto" rules, issued on July 15, 2025, streamline custody and trading services. This was interpreted as a "giant step for Ethereum!" Banks with a market capitalization exceeding $23 trillion can trigger $ETH inflows. However, risk management is imperative: AML and liquidity controls will be tightened.
This development is transforming the US into a crypto-friendly hub. Investors are anticipating the integration of ETFs and DeFi.