Internet reports that the Federal Reserve has announced the withdrawal of regulatory guidelines for banks 'crypto assets and US dollar token businesses, and simultaneously updated relevant business expectation standards. Analysts believe that this move by the Federal Reserve marks a broader legalization of Bitcoin in the eyes of regulators, goes beyond mere banking policy, and helps the Federal Reserve accelerate the realization of a financial environment where Bitcoin is as easily available and safe as traditional fiat currencies. The vision of a financial environment may mean that Bitcoin checking accounts, cryptocurrency-backed loans, and cryptocurrency-to-fiat conversions will be incorporated into traditional banking more quickly than expected.