4 stories tagged #Master Account

  1. Trump Orders Fed to Weigh Fintech Access to Payment System
    finance

    Trump Orders Fed to Weigh Fintech Access to Payment System

    President Trump signs executive order for regulators, including the Fed, to review rules that could expand fintech access to central bank payment accounts.

    2w ago 1 min read
  2. Waters Questions Kraken’s Federal Reserve Account Approval
    crypto

    Waters Questions Kraken’s Federal Reserve Account Approval

    Rep. Maxine Waters challenges the legal basis of Kraken's newly granted limited Fed master account, citing consumer protection concerns.

    2mo ago 1 min read
  3. Custodia Loses Fed Master Account Battle as Kraken Gains Access
    finance

    Custodia Loses Fed Master Account Battle as Kraken Gains Access

    Crypto bank Custodia loses final court appeal against the Federal Reserve's master account authority, just as Kraken secures limited access. The Fed is developing a broader framework for crypto firms.

    2mo ago 1 min read
  4. Federal Court Blocks Custodia Bank's Fed Master Account Bid
    finance

    Federal Court Blocks Custodia Bank's Fed Master Account Bid

    A federal court has ruled against Custodia Bank's attempt to secure a Federal Reserve master account, reinforcing the Fed's authority over payment system access.

    2mo ago 1 min read