The FSOC annual report no longer lists cryptocurrency as a potential threat

According to Coindesk, the U.S. Financial Stability Oversight Council (FSOC) has removed warnings about vulnerabilities related to digital assets in its latest annual report. This regulatory body, established after the 2008 financial crisis, has previously listed digital assets as one of the risks to the financial system every year.

Treasury Secretary Yellen stated in the report that financial stability requires not only attention to risks but also the promotion of long-term economic growth. The 2025 report was reduced from 140 pages to 87 pages, completely removing the term "vulnerabilities" and no longer expressing explicit concerns or regulatory recommendations regarding the crypto industry. The report instead praised the advantages of the industry and noted that dollar stablecoins help reinforce the dollar's position in the international financial system.