[Crypto Lobbying Groups Support Formal Removal of 'Reputational Risk' Clause in Bank Oversight] According to Cointelegraph, the U.S. crypto lobbying organization Blockchain Association has expressed support for the Federal Reserve's proposal to formally remove 'reputational risk' from the banking regulatory framework. The association sent a letter to the Federal Reserve stating that reputational risk was removed from the examination program in June 2025 and should be formalized into official rules. The association pointed out that reputational risk had been used to justify cutting off banking access for crypto companies, as part of 'Operation Choke Point 2.0.' The association emphasized that the neutrality of reputational risk depends on the government in charge of the policy, and only formalization can provide neutral protection across governments and industries. The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation completed similar rulemaking on April 7, and the Blockchain Association urged the Federal Reserve to align its final rules with those of these agencies.