# Federal Reserve sunsets its novel-activities supervision program

> The Federal Reserve ended its separate novel-activities supervision program and returned monitoring of bank crypto, distributed-ledger, and technology-driven activities to its standard supervisory process.

- URL: https://riadefi.com/regulation/2025-08-15-federal-reserve-novel-activities-supervision-sunset/
- Posture: Guidance
- Authorities: Board of Governors of the Federal Reserve System
- Event date: 2025-08-15
- Version: 1, published 2026-08-07 (first published 2026-08-07)
- Advisor-relevant: yes

## What changed

The Federal Reserve ended its separate novel-activities supervision program and returned monitoring of bank crypto, distributed-ledger, and technology-driven activities to its standard supervisory process.

## Who it affects

- Federal Reserve-supervised banks, crypto and fintech service providers, investment advisers, and clients using bank-provided digital-asset services

## What is still open

- How examination intensity will differ under ordinary supervision

## What it means for an advisor

- Treat the program change as a supervisory-process shift, not a withdrawal of safety-and-soundness obligations.

## Sources

1. [Federal Reserve sunsets its novel-activities supervision program](https://www.federalreserve.gov/newsevents/pressreleases/bcreg20250815a.htm) · Board of Governors of the Federal Reserve System · 2025-08-15


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Published by Ketju Research on RIADeFi (https://riadefi.com). Educational research for financial professionals; not investment, legal, tax, or compliance advice.