Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Policy
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Federal Reserve moves toward narrower, crypto
Policy
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Federal Reserve moves toward narrower, crypto
Federal Reserve moves toward narrower, crypto-driven take on master accounts
Federal Reserve moves toward narrower, crypto-driven take on master accounts
The U.S. central bank has been mulling the idea of a "skinny" version of master accounts for firms that want payments access without the deeper Fed demands.
By Jesse Hamilton|Edited by Nikhilesh De, Jamie Crawley
Updated Dec 19, 2025, 4:45 p.m. Published Dec 19, 2025, 4:31 p.m.
Federal Reserve Governor Christopher Waller has pushed an idea for new "payment accounts" that could give crypto firms a lighter version of master accounts. (Jesse Hamilton/CoinDesk)
What to know:
- The U.S. Federal Reserve has issued a request for information that gets the ball rolling on a new kind of payment account that may benefit crypto firms that want access to Fed payment rails without too many regulatory requirements.
- The central bank will accept thoughts from the public for 45 days.
The U.S. Federal Reserve took a first step toward establishing a more limited version of its so-called master accounts, welcoming input on how the central bank might formulate "payment accounts" that would grant access to its payment rails without firms having to jump through the considerable hoops that would grant fuller services.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the State of Crypto Newsletter today. See all newsletters
Sign me up
The Fed said in a Friday statement that it was requesting information on how to satisfy the incoming requests from firms that rely on new technology to more easily tap into services "for the express purpose of clearing and settling the institution’s payment activity," according to a board memo on the concept. The public comment window will be open for 45 days.
Fed master accounts are direct conduits for financial firms into the central bank's payment rails. They can be difficult to obtain, and that's been a struggle for some crypto firms.
"These new payment accounts would support innovation while keeping the payments system safe," said Governor Christopher Waller, in a statement. "This request for information is a key first step to ensuring that the Fed is responsive to evolutions in how payments are made."
Waller had spoken in favor of the idea before, having pitched it as a "skinny" master account in October. In Friday's descriptions, the accounts wouldn't pay interest, give access to credit from the Fed and would have balance caps.
Governor Michael Barr, the Democratic appointee who was the Fed's regulatory chief until the arrival of the administration of President Donald Trump, said he was opposing the request on grounds that it's "not sufficiently specific about safeguards to protect against the accounts being used for money laundering and terrorist financing by institutions we do not supervise."
Federal ReservepaymentsRegulationChristopher Waller
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
Poland’s lower house approves crypto law again, sends vetoed bill back to Senate
The Sejm passed the same version of the Crypto-Asset Market Act previously rejected by President Nawrocki, escalating political tensions.
What to know:
- Poland's lower house of parliament passed a crypto regulation bill previously vetoed by President Nawrocki, sending it to the Senate for further debate.
- The bill aligns with the EU's MiCA regulation, but is criticized for granting excessive powers to the Polish Financial Supervision Authority.
- Prime Minister Tusk's government reintroduced the bill unchanged, emphasizing its importance for national crypto market oversight.
Read full story
Latest Crypto News
Foundation behind restaking protocol EigenLayer plans bigger rewards for active users
Polkadot's DOT holds steady with token unchanged over 24 hours
Citi trims crypto stock price targets after bitcoin's disappointing Q4
Most Influential 2025's Honorable Mentions
Most Influential: Hsiao-Wei Wang and Tomasz K. Stańczak
Most Influential: Luke Dashjr
Top Stories
Citi trims crypto stock price targets after bitcoin's disappointing Q4
DraftKings enters prediction markets with CFTC-approved app for real-world events
Wall Street bank JPMorgan says stablecoin market could grow to $600 billion by 2028
Bitcoin gains as yen surprisingly tumbles after BOJ rate hike: Crypto Daybook Americas
Jump Trading sued for $4 billion in connection to Do Kwon’s Terra Labs collapse: WSJ
Coinbase files lawsuits in 3 states over attempts to regulate prediction markets
Market Opportunity
Overtake Price(TAKE)
$0.3387
$0.3387$0.3387
USD
Overtake (TAKE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Crossmint Partners with MoneyGram for USDC Remittances in Colombia
TLDR Crossmint enables MoneyGram’s new stablecoin payment app for cross-border transfers. The new app allows USDC transfers from the US to Colombia, boosting financial inclusion. MoneyGram offers USDC savings and Visa-linked spending for Colombian users. The collaboration simplifies cross-border payments with enterprise-grade blockchain tech. MoneyGram, a global leader in remittance services, launched its stablecoin-powered cross-border [...] The post Crossmint Partners with MoneyGram for USDC Remittances in Colombia appeared first on CoinCentral.
Share
Coincentral2025/09/18 21:02
Why Peter Brandt Says The US Crypto Bill Won’t Be A Game-Changer
The post Why Peter Brandt Says The US Crypto Bill Won’t Be A Game-Changer appeared on BitcoinEthereumNews.com. Will a landmark US crypto bill send Bitcoin soaring
Share
BitcoinEthereumNews2025/12/20 08:21
Record instroom Bitcoin-ETF’s – richting $120.000?
Connect met Like-minded Crypto Enthusiasts! Connect op Discord! Check onze Discord De markt voor Bitcoin ETF’s laat wederom een opvallende trend zien. De afgelopen week werd de grootste instroom sinds juli geregistreerd, een ontwikkeling die de aandacht van zowel institutionele als particuliere beleggers trekt. Deze instroom zorgt voor nieuwe speculatie over de vraag of Bitcoin binnenkort de grens van 120.000 dollar kan doorbreken. Laten we dit hieronder nader bekijken. Grootste instroom sinds juli Volgens recente marktgegevens wist de Amerikaanse spot Bitcoin ETF’s een instroom te krijgen ver boven de gemiddelde niveaus van de afgelopen weken. Alleen al op 16 september werd meer dan 290 miljoen dollar netto in deze fondsen gestort. Daarmee markeert dit de zevende opeenvolgende dag met positieve instroom, een duidelijk teken dat institutionele belangstelling opnieuw toeneemt. De grootste bijdrage kwam van BlackRock’s iShares Bitcoin Trust, dat meer dan 200 miljoen dollar stortte. Ook de ETF’s van Fidelity en Ark lieten grote instroom zien. Kortom, de instroom blijft positief. U.S. spot Bitcoin ETFs Ignite with a $553M daily inflow, pushing a four-day streak to $1.7B. Ether ETFs also saw a resurgence with $113M in new funds. #Bitcoin #ETF #ETHhttps://t.co/zZiNqtKSEm — Cryptonews.com (@cryptonews) September 12, 2025 Hoe instroom prijsondersteuning biedt De sterke instroom in Bitcoin ETF’s is meer dan een mijlpaal. Het laat zien hoe de vraag naar Bitcoin groeit vanuit institutionele hoek en dat deze vraag niet voor een keer is, maar structureel is. Omdat de instroom de hoeveelheid nieuw geminde Bitcoin overtreft, ontstaat er een overschot qua vraag dat de prijs positief kan beïnvloeden. Dit verschil tussen aanbod en vraag zorgt ervoor dat het dalende risico wordt beperkt. Wanneer institutionele beleggers via ETF’s posities opbouwen, gebeurt dit bovendien vaak met een langere beleggingshorizon. Dat geeft de markt extra stabiliteit, zeker in een periode waarin onzekerheden rondom rente en macro-economie nog altijd spelen. Signaalfunctie voor beleggers Voor beleggers in de crypto markt hebben deze cijfers een signaalfunctie. Het vertrouwen dat grote institutionele spelers door miljarden te alloceren in gereguleerde beleggingsproducten bevestigt dat Bitcoin steeds meer gekocht wordt in de traditionele financiële wereld. Dit momentum werkt vaak door naar de bredere markt, omdat particuliere beleggers dit zien als bevestiging dat de trend omhoog sterker wordt. Ook technische analyse wijst op een belangrijke fase. De koers van Bitcoin beweegt rond de 118.000 dollar, een weerstandsniveau dat al meerdere keren is getest. Het momentum dat voortkomt uit de ETF instroom kan de kracht geven om dit niveau te doorbreken en een nieuwe fase van prijsstijging richting 120.000 dollar in te luiden. Op korte termijn richting de $120.000? Hoewel niemand met zekerheid kan voorspellen of Bitcoin dit niveau direct zal bereiken, biedt de huidige context sterke aanwijzingen dat de kans aanwezig is. De combinatie van record instroom, institutioneel vertrouwen en een gunstig technisch analyse vormt een krachtige mix. Beleggers doen er goed aan om rekening te houden met de invloed van externe factoren zoals beleidsbesluiten van de Federal Reserve. Best wallet - betrouwbare en anonieme wallet Best wallet - betrouwbare en anonieme wallet Meer dan 60 chains beschikbaar voor alle crypto Vroege toegang tot nieuwe projecten Hoge staking belongingen Lage transactiekosten Best wallet review Koop nu via Best Wallet Let op: cryptocurrency is een zeer volatiele en ongereguleerde investering. Doe je eigen onderzoek. Het bericht Record instroom Bitcoin-ETF’s – richting $120.000? is geschreven door Timo Bruinsel en verscheen als eerst op Bitcoinmagazine.nl.
Share
Coinstats2025/09/18 01:31