The Financial Stability Oversight Council (FSOC) has reportedly softened its stance on crypto assets in its latest report. According to the report, the GENIUS Act provides regulatory clarity for the crypto industry. The change in tone from the FSOC suggests a potentially more accommodating regulatory environment for digital assets in the United States. The report highlights the evolving perspectives of regulatory bodies toward the crypto space.

The Financial Stability Oversight Council (FSOC) has reportedly softened its stance on crypto assets in its latest report. According to the report, the GENIUS Act provides regulatory clarity for the crypto industry. The change in tone from the FSOC suggests a potentially more accommodating regulatory environment for digital assets in the United States. The report highlights the evolving perspectives of regulatory bodies toward the crypto space.