Fed Pushing Ahead With ‘Skinny’ Master Account Plan for Crypto Banks – Decrypt
In brief The Federal Reserve is seeking public comment on a new, limited “payment account” for crypto and innovation-focused banks. The accounts would allow access to Fed payment rails, but not interest, credit, or full master-account privileges. The plan is spearheaded by Fed Governor Christopher Waller, a top candidate to replace outgoing Fed chair Jerome...
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