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800 Fed Explores ‘Skinny’ Master Account as Crypto Firms Seek Access

The Information
Yueqi Yang @ The Information · 10/21/2025 12:15 EDT

Fed Explores ‘Skinny’ Master Account as Crypto Firms Seek Access

The Federal Reserve is exploring creating a new type of account that could be used by crypto, fintech and other companies to process payments without using banks. Fed governor Chrisopher Waller, speaking at the Fed’s first-ever Payments Innovation Conference, said he has directed Fed staff to ...

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