(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 ...
Fintech and crypto groups said in comment letters to the Federal Reserve that the proposed "skinny" master account is too ...
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 ...
At the end of March, components of the US Federal Reserve System (“FRS” or the “Fed”) prevailed in two lawsuits brought by depository institutions seeking master accounts. 1 These decisions have ...
The Second Circuit is considering whether banks are entitled to Federal Reserve accounts during a politicized moment for the central bank. Sidley Austin's Carter Phillips suggested that ruling against ...
According to a ruling by a judge this past Friday (March 29, 2024), the US Federal Reserve will not be required to provide Wyoming-based digital asset bank Custodia access to a master account. Federal ...
The US Federal Reserve is requesting public input on its proposed “payment account,” dubbed a “skinny master account” which fintechs and crypto firms are drawn to as it would allow access to the ...
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 has prevailed in a lawsuit seeking to compel it to grant a master account, with a federal judge deciding that that access is discretionary and the Fed decides who gets it and who ...
CHEYENNE — A U.S. District Court judge Friday ruled against Custodia Bank in its lawsuit challenging the denial of its application for a master account by the Federal Reserve Board of Governors (the ...
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