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 ...

If Ripple secures a Federal Reserve master account through its OCC-approved trust bank, RLUSD reserves would sit directly at the U.S. central bank. Holding reserves at the Fed removes commercial bank ...

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 ...

(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 ...

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 ...

A long-running debate about which institutions can access the Federal Reserve’s services is nearing a tipping point. The question has been swirling around regulatory circles for years. Traditional ...

The banking unit of crypto exchange Kraken has secured approval for a Federal Reserve “master account,” giving it access to the Fed’s core payment systems. According to a report in the Wall Street ...

A Tenth Circuit judge panel upholds the Federal Reserve's right to discretion in approving or denying master account access in Custodia case. In a 2-1 decision issued today, the Tenth Circuit affirmed ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Kraken was granted a master account Wednesday by the ...

The Federal Reserve has heard arguments from crypto companies and banking associations on a proposal to allow so-called “skinny master accounts,” which would give fintech firms limited access to the ...