<ul data-eligibleForWebStory="true">Federal Reserve removes 'reputational risk' from supervisory model, easing access for crypto firms to traditional financial infrastructure.Powell acknowledges crypto, signaling a shift in how traditional institutions perceive digital assets.Market rallies and SEC's focus on crypto regulation intensifies, Nasdaq hits new highs.Ripple case ends, inflation rises as U.S. GDP shrinks in Q1, highlighting economic challenges ahead.