Fed’s “Skinny Master Account” Plan Could Redefine Crypto’s Banking Future

TLDR: The Fed’s “skinny master account” could let crypto and fintech firms bypass traditional banks for payment access. Governor Chris Waller said distributed ledgers and crypto are now part of the financial system’s foundation. Firms like Custodia, Kraken, and Ripple could finally gain direct access to the Fed’s payment systems. The new account proposal aims [...]

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