The Federal Reserve has shuttered the Novel Activities Supervision Program it built in 2023 that was — in part — meant to focus on banks' crypto activity.Updated Aug 15, 2025, 6:43 p.m. Published Aug 15, 2025, 5:03 p.m. The Federal Reserve continued its relaxation of crypto oversight on Friday with a move to shut down a two-year-old supervisory program intended to keep a special eye on banks' crypto ties, instead folding that task back to its day-to-day oversight work.The central bank establishe...