WASHINGTON (Reuters) - A Republican senator is demanding answers from the Federal Reserve Bank of Kansas City after he says it revoked a sought-after master account that had previously been granted to ...
The United States District Court for the Southern District of New York (the “Court”) has issued a detailed and complicated Order in the case Banco San Juan Internacional, Inc. v. Fed. Reserve Bank of ...
Master accounts have become an area of increased focus at the Federal Reserve and around the banking industry. Whether an institution has access to the Federal Reserve's payment system will soon be a ...
(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 ...
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 ...
The government and the crypto firms are moving closer towards banking regulations. The U.S. Federal Reserve is moving forward with a proposal to create a streamlined version of its master accounts.
Ripple Labs CEO Brad Garlinghouse criticized Wall Street lobbying efforts against crypto companies gaining access to Federal Reserve master accounts, calling the stance “hypocritical” during a panel ...
The Federal Reserve has opened the door to a new type of central bank account that could reshape how crypto and payment-focused firms access the US banking system, under a tailored approval framework.
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 ...
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 ...