Fed Considering 'Skinny' Master Accounts for Crypto Banks on 'Streamlined Timeline'
Yahoo Finance·2025-10-21 18:05
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 financial institutions. Federal Reserve staff is currently exploring the idea of issuing “skinny” master accounts on a streamlined timeline to institutions that haven’t yet managed to secure full-fledged ones, Fed Governor Christopher Waller announced Tuesday at a conference in Washington. Master accounts, possess ...