In short the U.S. banking landscape has proven to be difficult, if not outright hostile, to crypto-native institutions, but this has not stopped innovation and the creativity in the space. As this outlook continues to pivot to a more hospitable one, let’s take a look at what this means for crypto investors going forward.

U.S. banking regulators announced on Thursday they were pulling back several documents that urge banks to show caution when dabbling in cryptocurrency and related activities.

The Federal Reserve has withdrawn its guidance letter to banks it supervises related to their participation in crypto-related activities, the last of three prudential banking regulators to do so. Why it matters: President Trump committed on the campaign trail to roll back restrictions on banks seeking to engage in legal activities in the blockchain space,