The Federal Reserve Board on Wednesday published a proposed limited master account framework, marking the next step toward ...

One directed the broader government to update existing regulations to better integrate crypto into payment systems, while the ...

A key decision leader at the Federal Reserve has proposed a new path to registration with the central bank Tuesday—one that could, for the first time, unlock coveted privileges for crypto-focused ...

(Reuters) -Crypto giant Ripple supports the idea of a "skinny" Federal Reserve payments account for non-banks, which could still be a game changer while addressing banks' concerns over financial ...

The Federal Reserve has formally requested public input on payment accounts, known as ‘skinny master accounts.’ Notably, the ...

As previously covered by InfoBytes, Fed Governor Christopher Waller spoke in October about the Fed’s ongoing exploration of a “skinny” master account concept, which would provide basic payment ...

On October 21, 2025, Governor Christopher J. Waller of the Board of Governors of the Federal Reserve System (the “Federal Reserve”) delivered opening remarks at the inaugural Payments Innovation ...

The Federal Reserve is moving forward with an initiative to offer a more attainable version of its coveted master accounts for crypto banks—and is now asking for public comment on the plan. In October ...

Fed Governor touts 'skinny' masters accounts to promote payments innovation The Federal Reserve is exploring the introduction of a "skinny" master account that would give access to basic Fed payment ...

Key insight: So-called "skinny" Fed accounts could grant direct Fed-rail access to crypto-focused banks. What's at stake: Banks relying on BaaS revenue risk disintermediation and margin pressure. The ...

When I worked at the Federal Reserve, we used to joke that our job was to protect the status quo. The Fed’s mandate has long included financial stability, certainly not financial disruption. But Fed ...