FSOC's 2025 report drops digital assets from stability risk list

FSOC's 2025 annual report removes digital assets from its financial stability vulnerabilities list and shifts emphasis toward sustainable economic growth. It highlights the GENIUS Act, signed in July, as the federal framework for stablecoin payments and notes complementary actions, including Executive Order 14178 in January and the SEC's rescission of SAB 121 via SAB 122.