Blockchain Association, a crypto industry advocacy group, supported the Federal Reserve’s proposal to formally remove reputational risk from bank supervision. In a comment letter, the group said the concept had been used to justify restricting financial services for crypto companies and warned that formally eliminating it remains important even after its reported removal from examination programs in June 2025. The association urged the Federal Reserve to align its final rule with similar actions completed on April 7 by the OCC and the FDIC, arguing that consistent supervisory standards across U.S. bank regulators would help address barriers to banking access for digital asset firms.