[The U.S. Financial Risk Oversight Body FSOC No Longer Considers Digital Assets a Potential Risk] According to CoinDesk, the cryptocurrency sector no longer needs to be mentioned in the Financial Stability Oversight Council (FSOC)'s annual list of risks to the U.S. financial system. However, this is not an isolated case, as the report has generally shifted away from focusing on the 'vulnerabilities' of the financial system. The 2025 FSOC report has completely removed the term 'vulnerabilities,' which used to appear frequently. In the opening letter of the report, Treasury Secretary Scott Bessent acknowledged that previous analyses focused on identifying dangers that could disrupt the financial system. The 2025 report does not include 'recommendations' for digital assets, nor does it explicitly express concerns about the industry. The section on digital assets elaborates on how U.S. financial regulators with authority over cryptocurrencies have changed their previous policy stances. The report largely praises the advantages of the digital asset sector, though it notes in the 'Illicit Finance' subsection that stablecoins could 'be misused to facilitate illicit financial transactions.' However, the report also states that 'the continued use of dollar-denominated stablecoins over the next decade is expected to further solidify the dollar's position in the international financial system.'