A surprising policy shift by the Federal Reserve Board has triggered fresh optimism across the crypto markets, with XRP leading the charge. On June 23, the Fed announced it will no longer consider “reputational risk” as a component of its examination programs when supervising banks. The move, seen by many as a step toward regulatory clarity, immediately fueled speculation that barriers facing crypto-friendly banks may be easing. XRP, in particular, responded with a sharp 6% increase, currently trading at $2.14, and catching the attention of market participants. Excitement for the Pro-crypto Shift The update was shared widely on X, with crypto commentator Amonyx (@amonbuy) calling it a moment that eases crypto banking restrictions. He shared a screenshot of the Fed’s release, which outlined the Board’s intention to eliminate reputational risk assessments from supervisory materials and replace them with more targeted evaluations of financial risk. JUST IN: THE FED JUST REMOVED "REPUTATIONAL RISK", EASING CRYPTO BANKING RESTRICTIONS. BULLISH #XRP pic.twitter.com/nGtqoWm3Ke — Amonyx (@amonbuy) June 23, 2025 That detail is critical, as it removes a long-standing regulatory ambiguity that had often been used to restrict banking relationships with digital asset companies. This move follows the Comptroller of the Currency’s decision to remove crypto restrictions on regulated banks , allowing them to buy and trade digital assets. Why This Matters for XRP The connection to XRP is not arbitrary. XRP’s use case in banking and cross-border settlements has often required partnerships with financial institutions . Over the years, many U.S. banks avoided direct crypto exposure, citing reputational risk. The Fed has now shifted its stance. It recently recognized the advantages of XRP’s consensus mechanism . With this restriction now officially removed from its supervisory framework, there is a clearer path forward for regulated banks to engage with blockchain infrastructure providers, including those that use or support XRP. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Regulatory Clarity Opens New Doors More significantly, the Fed emphasized that while reputational risk will be excluded from its examination criteria, this change does not alter the requirement for banks to maintain strong risk management or comply with existing laws. In practical terms, this means that as long as banks uphold financial and operational standards, their choice to serve crypto firms can no longer be challenged on vague reputational grounds. For XRP, which relies heavily on adoption through real-world utility and integration, this policy change signals a more open environment. It reaffirms the growing perception that U.S. regulators are rethinking their approach to crypto-related banking access, removing barriers hidden in regulatory language and adopting a significantly different approach from the former administration’s war on cryptocurrencies. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Here’s Why XRP Price Starts Rising Suddenly appeared first on Times Tabloid .
