{"id":6709,"date":"2025-08-16T12:00:52","date_gmt":"2025-08-16T12:00:52","guid":{"rendered":"https:\/\/icobench.com\/fr\/?p=6709"},"modified":"2025-08-16T11:12:11","modified_gmt":"2025-08-16T11:12:11","slug":"fed-met-fin-a-son-equipe-crypto","status":"publish","type":"post","link":"https:\/\/icobench.com\/fr\/news\/fed-met-fin-a-son-equipe-crypto\/","title":{"rendered":"Coup de tonnerre : la FED met fin \u00e0 son \u00e9quipe crypto"},"content":{"rendered":"<p>La R\u00e9serve f\u00e9d\u00e9rale am\u00e9ricaine ferme d\u00e9finitivement son programme de surveillance d\u00e9di\u00e9 aux \u00ab\u00a0activit\u00e9s nouvelles\u00a0\u00bb. En effet, elle avait cr\u00e9\u00e9 cette \u00e9quipe en 2023 pour examiner les liens entre banques et cryptomonnaies.<\/p>\n<p>Apr\u00e8s deux ans d\u2019existence, cette \u00e9quipe dispara\u00eet. Par cons\u00e9quent, la banque centrale affirme avoir acquis l\u2019expertise n\u00e9cessaire. Elle peut d\u00e9sormais r\u00e9int\u00e9grer ces questions dans son dispositif habituel de supervision. Cette d\u00e9cision marque donc la fin d\u2019une parenth\u00e8se de <strong>vigilance renforc\u00e9e<\/strong> \u00e0 l\u2019\u00e9gard des actifs num\u00e9riques.<\/p>\n<h2><span id=\"un_programme_cree_apres_la_crise_bancaire_de_2023\">Un programme cr\u00e9\u00e9 apr\u00e8s la crise bancaire de 2023<\/span><\/h2>\n<p>Michael Barr avait imagin\u00e9 ce dispositif. Ce vice-pr\u00e9sident supervise les activit\u00e9s au sein du conseil de la Fed. Joe Biden l\u2019avait nomm\u00e9 \u00e0 ce poste. Sa mission consistait \u00e0 examiner les activit\u00e9s \u00e9mergentes susceptibles de fragiliser le syst\u00e8me financier. Les <strong>cryptomonnaies<\/strong> figuraient au premier rang de ces pr\u00e9occupations.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/federalreserve?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">@federalreserve<\/a> announces it will sunset its novel activities supervision program and return to monitoring banks\u2019 novel activities through the normal supervisory process: <a href=\"https:\/\/t.co\/GRhepriDhY\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/t.co\/GRhepriDhY<\/a><\/p>\n<p>\u2014 Federal Reserve (@federalreserve) <a href=\"https:\/\/twitter.com\/federalreserve\/status\/1956386352846844161?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">August 15, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>L\u2019initiative avait d\u00e9marr\u00e9 dans un climat de m\u00e9fiance. En effet, trois banques am\u00e9ricaines venaient de s\u2019effondrer quelques mois auparavant : Silicon Valley Bank, Silvergate et Signature Bank. Toutes entretenaient des liens \u00e9troits avec les acteurs du secteur technologique et les clients crypto.<\/p>\n<p>\u00c0 l\u2019\u00e9poque, l\u2019objectif \u00e9tait clair : b\u00e2tir rapidement une expertise sp\u00e9cialis\u00e9e. Il fallait \u00e9galement observer de pr\u00e8s les risques d\u2019innovation financi\u00e8re. Aujourd\u2019hui, la Fed estime que ce temps d\u2019apprentissage est termin\u00e9.<\/p>\n<p>\u00ab\u00a0Nous avons renforc\u00e9 notre compr\u00e9hension de ces activit\u00e9s, des risques associ\u00e9s et des pratiques de gestion des banques\u00a0\u00bb, explique l\u2019institution. Par cons\u00e9quent, elle consid\u00e8re d\u00e9sormais que la crypto peut \u00eatre trait\u00e9e au m\u00eame titre que d\u2019autres <strong>activit\u00e9s bancaires<\/strong>.<\/p>\n<h2><span id=\"un_assouplissement_qui_suit_la_tendance_generale\">Un assouplissement qui suit la tendance g\u00e9n\u00e9rale<\/span><\/h2>\n<p>Cette d\u00e9cision ne survient pas dans le vide. Depuis le d\u00e9but du second mandat de Donald Trump, les r\u00e9gulateurs bancaires am\u00e9ricains rel\u00e2chent progressivement la pression sur les cryptomonnaies. L\u2019Office of the Comptroller of the Currency (OCC) et la Federal Deposit Insurance Corp (FDIC) avaient d\u00e9j\u00e0 annul\u00e9 plusieurs directives restrictives.<\/p>\n<p>Ces mesures provenaient de l\u2019administration pr\u00e9c\u00e9dente. En avril dernier, <a href=\"https:\/\/icobench.com\/fr\/news\/fed-revoit-ses-regles-cryptomonnaie-legitimee\/\" rel=\"\">la Fed elle-m\u00eame avait supprim\u00e9<\/a> une exigence particuli\u00e8re. Elle imposait aux banques d\u2019obtenir une autorisation avant toute nouvelle activit\u00e9 li\u00e9e aux actifs num\u00e9riques.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Big win for putting an end to Operation Chokepoint 2.0. <\/p>\n<p>The Fed announced it\u2019s killing the targeted supervision of digital asset banking activities. There\u2019s still more to do, but this is real progress toward a level playing field for crypto. <a href=\"https:\/\/t.co\/1eQA4xlg0f\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/t.co\/1eQA4xlg0f<\/a><\/p>\n<p>\u2014 Senator Cynthia Lummis (@SenLummis) <a href=\"https:\/\/twitter.com\/SenLummis\/status\/1956405832159228067?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer\">August 15, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Cet alignement marque un changement net de philosophie. En 2023, la prudence et la surveillance accrue constituaient la r\u00e8gle. D\u00e9sormais, l\u2019approche actuelle consiste \u00e0 ramener la crypto dans le giron normal de la gestion des risques.<\/p>\n<p>Autrement dit, les banques peuvent d\u00e9sormais d\u00e9cider elles-m\u00eames de leur exposition. Elles doivent cependant respecter les standards prudentiels <strong>habituels<\/strong>.<\/p>\n<h2><span id=\"une_normalisation_que_lindustrie_salue\">Une normalisation que l\u2019industrie salue<\/span><\/h2>\n<p>De nombreux acteurs du secteur per\u00e7oivent cette \u00e9volution comme un soulagement. Ces derni\u00e8res ann\u00e9es, certaines entreprises crypto affirmaient \u00eatre victimes d\u2019une strat\u00e9gie coordonn\u00e9e. Cette strat\u00e9gie visait \u00e0 les couper des services bancaires.<\/p>\n<p>L\u2019\u00e9cosyst\u00e8me et ses alli\u00e9s r\u00e9publicains ont surnomm\u00e9 cette op\u00e9ration \u00ab\u00a0Operation Chokepoint 2.0\u00a0\u00bb. La Fed a toujours d\u00e9fendu son ind\u00e9pendance. N\u00e9anmoins, elle se retrouve de fait align\u00e9e sur l\u2019OCC et la FDIC dans ce mouvement d\u2019<strong>assouplissement<\/strong>.<\/p>\n<p>En pratique, cela ne signifie pas une absence de contr\u00f4le. En effet, la crypto reste une activit\u00e9 surveill\u00e9e. Cependant, elle n\u2019est plus plac\u00e9e dans une cat\u00e9gorie \u00ab\u00a0\u00e0 part\u00a0\u00bb. Elle ne n\u00e9cessite plus une cellule sp\u00e9cialis\u00e9e.<\/p>\n<p>La Fed envoie donc un message clair : les actifs num\u00e9riques sont d\u00e9sormais consid\u00e9r\u00e9s comme une composante normale du paysage bancaire. Ils ne constituent plus une menace <strong>syst\u00e9mique exceptionnelle<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>La R\u00e9serve f\u00e9d\u00e9rale am\u00e9ricaine ferme d\u00e9finitivement son programme de surveillance d\u00e9di\u00e9 aux \u00ab\u00a0activit\u00e9s nouvelles\u00a0\u00bb. En effet, elle avait cr\u00e9\u00e9&#8230;<\/p>\n","protected":false},"author":224,"featured_media":6710,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-6709","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coup de tonnerre : la FED met fin \u00e0 son \u00e9quipe crypto<\/title>\n<meta name=\"description\" content=\"Coup de tonnerre \u00e0 Washington : la FED dissout son \u00e9quipe d\u00e9di\u00e9e aux cryptos, un signal fort qui interroge le march\u00e9.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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