#Master Account

Highlights: The Blockchain Association wants eligible banks to get fair access to the Federal Reserve’s payment system. Custodia Bank wants the U.S. Supreme Court to decide whether the Fed can reject eligible banks seeking master accounts. The case could affect […]

Highlights: President Trump ordered a review of rules that may limit fintech and crypto firms. The Fed will study whether crypto firms can access payment accounts directly. Regulators must identify barriers, streamline approvals, and maintain proper safeguards. President Donald J. […]

Highlights: Maxine Waters has questioned how Kraken received approval to access the Federal Reserve payment system. The Kraken Master Account gives the crypto firm direct access to Fed payment rails used by banks. Banks have challenged the decision, stating that […]

Highlights: Kraken Financial can now access the Federal Reserve master account system after approval. The approval lets Kraken move dollar funds directly without relying on intermediary banks. More crypto firms are applying for U.S. banking charters as regulators review digital […]