The Federal Reserve has opened a portal for public feedback regarding a proposal for fintech firms and crypto companies to access the US central bank’s payment infrastructure on a limited basis, ...
On December 16, the Federal Reserve Board issued a Request for Information on a new special‑purpose “Payment Account” prototype, which is essentially a stripped‑down Federal Reserve Bank account ...
The Justice Department has subpoenaed the Fed over Chair Jerome Powell's testimony over the central bank's headquarters ...
Industry watchers welcomed the idea of “skinny” master accounts as another sign of the end of crypto’s banking troubles, which insiders described as “Operation Chokepoint 2.0.” The US Federal Reserve ...
This proposal could mark a significant operational development in how the Federal Reserve interfaces with payment-focused institutions and fintechs. Because the proposal concerns the operational ...
Federal Reserve Governor Christopher Waller stated that the reserve bank plan is beginning a new phase and crypto will no longer have to be on the fringes while introducing another prototype in order ...
The Federal Reserve said it has removed restrictions it had placed on Wells Fargo, the prominent San Francisco bank that has sought to move past a series of scandals in the last decade. The Federal ...
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