The recent remarks by the Federal Reserve Chair finally provide an answer to the question that has been hanging over the crypto community. Does the regulatory authorities truly support the development of cryptocurrencies? The answer is yes — at least regarding banks participating in crypto services, their attitude has clearly shifted.

His core message is straightforward: banks no longer need to cling to traditional businesses and can fully offer crypto-related services. This sounds simple, but behind it is a significant change in the Fed’s attitude toward the entire industry.

However, this support is not unconditional. Regulatory boundaries are clearly defined: innovation failures are tolerable, but banks’ risk thresholds cannot be crossed; crypto projects may fail spectacularly, but deposit insurance must be maintained. In plain terms, it means integrating crypto services into the traditional financial framework and using mature regulatory rules to control the industry’s rapid growth.

What does this mean? The legalization and compliance of cryptocurrencies are now irreversible. Previously, many wondered whether regulators would treat crypto as a flood of disaster. Now, with the Fed Chair’s direct statement, the signal is clear enough. Once banks enter the crypto service sector on a large scale, the industry’s compliance speed will accelerate significantly.

For investors, this is indeed a positive development. Those holding mainstream assets like Bitcoin, BNB, and others now have even more reason to stay confident. The shift in regulatory attitude will attract more institutional capital, and the long-term growth potential of the crypto market will be further unlocked.