News Explorer — Federal Reserve Mulls 'Skinny' Payment Accounts for Crypto Banks

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Dec 19, 6:03 pm

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Federal Reserve Mulls 'Skinny' Payment Accounts for Crypto Banks

The Federal Reserve is seeking public feedback on its proposal for a "skinny" payment account, a modified version of master accounts for crypto banks. This move could potentially revolutionize the U.S. banking system by allowing crypto banks access to the Fed's payment rails.

The Federal Reserve is seeking public feedback on its proposal for a "skinny" payment account, a modified version of master accounts for crypto banks. This move could potentially revolutionize the U.S. banking system by allowing crypto banks access to the Fed's payment rails.

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