The US FSOC annual report removes the cryptocurrency risk warning.

Jinse Finance reported that the Financial Stability Oversight Council (FSOC) has completely removed references to digital assets as a "vulnerability" to the financial system in its latest annual report. Treasury Secretary Scott Bessent stated that the new committee no longer focuses primarily on "identifying risks to the financial system," but instead emphasizes the role of long-term economic growth in supporting financial stability. Unlike the Biden administration, which emphasized stablecoin regulation and crypto risks, the 2025 FSOC report under the Trump administration has been significantly shortened and no longer makes any regulatory recommendations regarding crypto assets. The report notes that regulators have withdrawn previous broad warnings to regulated financial institutions about participating in the crypto sector and highlights the positive development of the digital asset industry, while also mentioning that risks of misuse of US dollar stablecoins still require attention. The report also points out that the continued growth of US dollar-denominated stablecoins is expected to strengthen the dollar's position in the global financial system over the next decade.