Fed’s New Approach to “Payment-Only Banks” May Finally Lead to Crypto’s Mainstream Breakthrough
As widely reported, the Federal Reserve Governor Christopher Waller proposed “skinny” master accounts for payments-focused institutions, including crypto banks, during a Washington conference on October 21, 2025. This stripped-down access to the Fed’s payment rails—excluding perks like interest on balances or overdrafts—marks a decisive shift… Read More
Read more in: Blockchain & Digital Assets, Fintech, Opinion, Politics, Legal & Regulation | Tagged banking, caitlin long, Crypto Adoption, custodia bank, federal reserve, skinny accounts, us