Recently, Chairman Powell of The Federal Reserve (FED) made some notable remarks on the banking and Crypto Assets industry. He explicitly stated that banks have the right to autonomously decide their customer base, a decision that is not in the hands of The Federal Reserve (FED).

Powell further elaborated that banks can fully serve the cryptocurrency industry, and cryptocurrency companies also have the right to use banking services. He emphasized that as long as banks operate in a safe and sound manner, they can freely engage in cryptocurrency-related business activities.

This statement seems to indicate that The Federal Reserve (FED) has shown some moderation in its attitude towards the Crypto Assets industry. Powell's remarks suggest that regulators do not intend to completely block the interaction between traditional financial institutions and the digital asset space.

However, we should also note that Powell emphasized the key point of 'safety and soundness'. This means that while banks can engage in Crypto Asset-related business, they still need to proceed with caution to ensure compliance with relevant regulations and risk control.

This statement may bring new opportunities to the Crypto Assets industry, promoting the integration of traditional finance and the emerging digital asset sector. However, how to balance innovation and risk control specifically still requires further discussion and practice by the industry and regulatory authorities.