The Federal Reserve is advancing a significant regulatory proposal that could reshape the landscape for digital asset banking in the United States. The central bank is now seeking public comment on a new, limited “payment account” designed specifically for crypto and innovation-focused banks. This initiative, spearheaded by Fed Governor Christopher Waller, would grant these institutions access to critical Fed payment infrastructure while explicitly withholding the interest, credit, and full privileges of a traditional master account. The move represents a notable shift from the Fed’s historically cautious stance and could pave the way for a new era of crypto banking if implemented.
about Fed Proposes 'Skinny' Payment Accounts for Crypto BanksChristopher Waller
0 posts last weekTrump Interviews Pro-Crypto Fed Candidate Waller for Chair Role
President Donald Trump is interviewing Federal Reserve Governor Christopher Waller this week as a potential successor to Chair Jerome Powell, whose term concludes in May 2026. According to a Wall Street Journal report, Waller—a Trump appointee to the Fed board in 2020 and a consistent advocate for interest rate cuts—is viewed as a favorable candidate by the crypto industry for his role in advancing access to Fed master accounts for crypto-native firms. However, prediction markets currently rank him as an underdog in the selection process.
about Trump Interviews Pro-Crypto Fed Candidate Waller for Chair RoleFed’s 2026 Regime Change Could Fuel Bitcoin Rally, Strategist Warns
Macro strategist Alex Krüger warns that Bitcoin’s next major move hinges on a dramatic Federal Reserve overhaul in 2026. He predicts a dovish, Trump-aligned Fed led by Kevin Hassett could trigger aggressive rate cuts, creating ideal conditions for risk assets. Markets are currently underpricing this potential regime shift, according to his analysis.
about Fed's 2026 Regime Change Could Fuel Bitcoin Rally, Strategist WarnsUS Liquidity Revival Fuels Crypto Rally Past $90K Bitcoin
Cryptocurrency markets staged a dramatic recovery on November 27 as a structural shift in US liquidity conditions prompted capital to flow back into risk assets. Bitcoin surged 5% to reclaim the psychologically critical $90,000 threshold while Ethereum broke above $3,000 for the first time in a week, ending a prolonged period of market stagnation. The rally appears driven primarily by macroeconomic factors rather than crypto-specific developments, providing much-needed relief to investors who had endured significant losses during the preceding month.
about US Liquidity Revival Fuels Crypto Rally Past $90K BitcoinFed Wins Court Battle Over Crypto Bank Master Accounts
A federal appeals court has delivered a significant blow to the crypto banking sector by affirming the Federal Reserve’s authority to deny master accounts to digital asset-focused institutions. The ruling against Wyoming-based Custodia Bank reinforces the central bank’s cautious stance toward cryptocurrency integration into the traditional financial system, maintaining the Fed’s perfect record of zero master account approvals for crypto banks and underscoring the regulatory hurdles facing the industry.
about Fed Wins Court Battle Over Crypto Bank Master AccountsFed Chair Finalists Named as Powell Succession Nears
Treasury Secretary Scott Bessent has confirmed five finalists to succeed Federal Reserve Chair Jerome Powell, marking a critical juncture in the leadership transition at the world’s most powerful central bank. The White House expects to make its selection by year-end, with the candidate pool narrowing to current Fed officials, former governors, and private sector executives as monetary policy decisions loom large for the U.S. economy.
about Fed Chair Finalists Named as Powell Succession NearsFed Proposes Direct Payment Access for Stablecoin Issuers
In a landmark policy shift, Federal Reserve Governor Christopher Waller has proposed granting stablecoin issuers and crypto firms direct access to the central bank’s payment infrastructure through a new ‘skinny’ master account. This revolutionary payment-only door would provide Fedwire and ACH connectivity while excluding traditional banking services, potentially transforming how digital dollar transactions are settled and positioning compliant U.S. stablecoins as central bank-backed instruments.
about Fed Proposes Direct Payment Access for Stablecoin IssuersCrypto.com Seeks National Bank Charter Amid Regulatory Shift
Crypto.com has officially applied for a national trust bank charter with the Office of the Currency Comptroller, positioning itself alongside established players like Coinbase and Circle in seeking federal banking privileges. This strategic move comes amid growing regulatory acceptance of cryptocurrency integration within traditional finance, including recent OCC approvals for banks to custody digital assets and Federal Reserve discussions about expedited banking access. The application represents a significant milestone in Crypto.com’s journey toward becoming a fully regulated financial institution and signals the accelerating institutionalization of crypto services.
about Crypto.com Seeks National Bank Charter Amid Regulatory ShiftFed Proposes ‘Skinny’ Master Accounts for Crypto Banks
Federal Reserve Governor Christopher Waller has proposed a groundbreaking plan to offer limited ‘skinny’ master accounts to innovation-focused banks, potentially granting crypto institutions direct access to Fed payment systems for the first time. These streamlined accounts would provide faster access to critical financial infrastructure while excluding traditional banking privileges like interest payments and overdraft protection. The move represents a significant shift in the Federal Reserve’s approach to emerging financial technologies and could reshape America’s banking landscape for cryptocurrency companies.
about Fed Proposes 'Skinny' Master Accounts for Crypto BanksSOFR-RRP Spread Signals Fed Policy Shift, Crypto Reacts
An unusual widening in the SOFR-RRP spread has triggered alarm bells across financial markets, with crypto traders interpreting the signal as potential early warning of Federal Reserve policy intervention. The 29 basis point gap on a non-quarter-end day suggests tightening funding conditions in the financial system’s plumbing. Simultaneous draws on the Fed’s Standing Repo Facility and pressure on regional banks reinforce concerns about liquidity scarcity.
about SOFR-RRP Spread Signals Fed Policy Shift, Crypto ReactsTech Optimism Fuels Stocks as Fed Weighs AI Impact
US stocks are shaking off trade concerns as strong tech earnings and AI optimism drive market momentum. While Federal Reserve officials carefully consider how artificial intelligence might reshape the economy, global business leaders navigate ongoing US-China trade tensions, and automotive innovators push forward with solar-powered electric vehicle technology, creating a complex but optimistic market landscape.
about Tech Optimism Fuels Stocks as Fed Weighs AI Impact$300T PYUSD Minting Error Sparks DeFi Security Debate
In a stunning blockchain mishap that exposed critical vulnerabilities in digital finance infrastructure, Paxos accidentally minted $300 trillion worth of PayPal’s PYUSD stablecoin—roughly 300 times global GDP—before quickly burning the tokens. The October 15 incident, caused by an operational error rather than a hack, triggered widespread social media frenzy and temporary freezes on major DeFi protocols. While no user funds were affected, the event has reignited urgent debates about collateralization safeguards and regulatory oversight in the rapidly expanding stablecoin ecosystem.
about $300T PYUSD Minting Error Sparks DeFi Security Debate