U.S. Financial-Risk Watchdog, FSOC, Erased Digital Assets as a Potential Hazard
The FSOC's 2025 report, under Trump's regulators, removed explicit warnings about digital assets as a financial system vulnerability.Summary
The Financial Stability Oversight Council (FSOC), established after the 2008 crisis to spot financial dangers, has removed digital assets from its annual list of explicit "vulnerabilities" in its 2025 report, which was released under President Donald Trump's regulators. The report's table of contents eliminated the word "vulnerabilities," and Treasury Secretary Scott Bessent stated that monitoring vulnerabilities is insufficient for safeguarding stability. While the previous 2024 report focused on nudging Congress to regulate stablecoins and spot markets, the 2025 document is shorter and lacks explicit recommendations or worries about the industry. Instead, it refers to a prior working group report and praises the sector's strengths, noting that U.S. dollar-denominated stablecoins are expected to support the dollar's international role, though it acknowledges stablecoins may be abused for illicit finance.
(Source：CoinDesk)