Fed’s New Plan Could Finally End Crypto’s Banking Nightmare
21.10.2025 21:00 2 min. read Alexander Zdravkov
After years of tension between digital asset firms and traditional finance, the U.S. Federal Reserve is quietly exploring a change that could reopen long-closed doors.
Officials are considering a new form of payment account that would allow fintech and crypto companies to plug directly into the Fed’s payment network – a privilege previously reserved for major banks.
The concept, informally described as “skinny” master accounts, would give smaller firms access to the Fed’s payment rails without exposing the central bank to excessive risk. Governor Christopher J. Waller, speaking at a payments conference this week, said the move is meant to support innovation while preserving system stability. He emphasized that the Fed can no longer ignore the momentum of technology-driven finance.
The proposal is still in its early stages, but its implications are significant. For years, digital asset firms have struggled to maintain banking relationships, particularly after several crypto-friendly banks collapsed in 2023. Critics labeled the resulting wave of account closures “Operation Chokepoint 2.0,” accusing regulators of pressuring banks to cut ties with the crypto sector.
Some in the industry view the Fed’s latest openness as a sign that this era might finally be ending. Custodia Bank founder Caitlin Long, whose firm was denied direct access to the Fed system, praised Waller’s initiative, saying it acknowledges that payments-only institutions are not the systemic threat they were once portrayed to be.
At the same time, the Fed is stepping deeper into digital research. Waller revealed that teams inside the central bank are actively testing blockchain technology, tokenization, smart contracts, and even AI tools for future payment infrastructure. The goal, he said, is to understand new technologies from the inside out – not just to regulate them but to assess how they might upgrade the Fed’s own systems.
While the “skinny” account proposal remains conceptual, it reflects a notable shift in attitude. For the first time in years, the conversation between Washington and the crypto industry seems to be moving from restriction toward collaboration.
-
1
JPMorgan Exposes the Hidden Drivers of the Historic Crypto Selloff
17.10.2025 13:30 1 min. read -
2
Emerging Markets Could Drive $1 Trillion Shift Into Stablecoins, Says Standard Chartered
06.10.2025 16:00 2 min. read -
3
NYSE Parent ICE in Talks for $2 Billion Investment in Polymarket Valued Up to $10 Billion
07.10.2025 16:00 2 min. read -
4
Strategy: Is it Undervalued or Overextended After Its Latest Bitcoin Buy?
14.10.2025 13:36 5 min. read -
5
Here’s How Crypto Could Help Nigel Farage Win the Next UK Election
09.10.2025 11:00 3 min. read
Trump’s White House Expansion Draws Support from Crypto Industry
Several prominent figures and companies from the cryptocurrency and tech industries are reported to have contributed to the Trump administration’s new White House ballroom project.
Polymarket Confirms POLY Token and Airdrop, Prioritizes U.S. Relaunch
Prediction market platform Polymarket is preparing to introduce its long-awaited POLY token alongside an airdrop, signaling a new phase of growth as investor interest and trading activity surge.
Soft CPI Sparks Hope: Is the Fed About to Ease Up?
Fresh inflation figures out of the U.S. hint that price pressures are easing again, setting a calmer tone across financial markets – and giving crypto traders a reason to stay optimistic.
Trump Clears Changpeng Zhao, Citing “Unfair Treatment” Under Biden
In a move that has stunned the crypto industry and reignited debate over past regulatory actions, US President Donald Trump has granted a full pardon to Binance founder Changpeng “CZ” Zhao.
-
1
JPMorgan Exposes the Hidden Drivers of the Historic Crypto Selloff
17.10.2025 13:30 1 min. read -
2
Emerging Markets Could Drive $1 Trillion Shift Into Stablecoins, Says Standard Chartered
06.10.2025 16:00 2 min. read -
3
NYSE Parent ICE in Talks for $2 Billion Investment in Polymarket Valued Up to $10 Billion
07.10.2025 16:00 2 min. read -
4
Strategy: Is it Undervalued or Overextended After Its Latest Bitcoin Buy?
14.10.2025 13:36 5 min. read -
5
Here’s How Crypto Could Help Nigel Farage Win the Next UK Election
09.10.2025 11:00 3 min. read
The Federal Reserve left its target range at 4.25–4.50 percent for a fourth straight meeting and quietly dialed back how much easing it expects through 2026.
Bitcoin advocate and Cane Island Alternative Advisors founder Timothy Peterson has criticized the Federal Reserve’s current approach, arguing that higher interest rates are weakening rather than stabilizing the economy.
A U.S. federal judge has dismissed a class-action lawsuit against Atomic Wallet, citing a lack of jurisdiction over the Estonian company.
A federal judge has thrown out major fraud charges against Avraham Eisenberg, the trader accused of draining millions from DeFi platform Mango Markets, citing jurisdictional flaws in the government’s case.
U.S. financial circles are bracing for a potential shake-up as reports suggest Federal Reserve Chair Jerome Powell is considering stepping down.
In a significant policy shift, the U.S. Federal Reserve has quietly removed reputational risk as a factor in evaluating banks, a move that could make it easier for financial institutions to offer cryptocurrency services without fear of regulatory backlash.
The Federal Reserve’s newest Financial Stability Report paints a more anxious picture of the U.S. economy, highlighting rising global trade tensions, growing policy uncertainty, and worries over the nation’s debt levels as key threats to financial stability.
The Federal Reserve opted to keep interest rates steady, as anticipated by most.
The Federal Open Market Committee (FOMC) justs concluded their two-day meeting.
A recent report from the Federal Reserve Bank of Minneapolis suggests that taxing or banning Bitcoin may be necessary for governments to manage budget deficits effectively.
On Wednesday, the Federal Reserve issued an order suspending United Texas Bank in Dallas, citing significant deficiencies in the bank's compliance with anti-money laundering (AML) regulations related to its cryptocurrency customers.
The Federal Reserve Board announced on Friday that it will wind down its dedicated "novel activities" supervision program, which was created to closely monitor banks engaged in emerging areas like cryptocurrency and fintech services.
The Federal Reserve Board has announced that it will host a major conference on payments innovation in Washington, D.C. on Tuesday, October 21, 2025.
On July 24, Ferrari announced plans to extend its cryptocurrency payment option to its European dealerships by the end of the month.
The newly formed Artificial Superintelligence Alliance (FET), a token resulting from the merger of FET, OCEAN, and AGIX, has announced its first major token burn.
Whale activity around the Artificial Superintelligence Alliance (FET) has increased dramatically, with large transactions up 262%, as reported in IntoTheBlock data.
Blockchain project Fetch.AI has launched a $50 million buyback initiative for its FET token, citing rising platform usage and what it considers an undervalued market price.
Fidelity and Canary have advanced their efforts to bring altcoin-focused exchange-traded funds (ETFs) to the U.S. market.
Ethereum investment products are seeing a renewed wave of demand, with U.S.-listed spot ETFs pulling in over $100 million in a single day.
Fidelity has taken a significant step toward launching a Spot Solana ETF, with CBOE officially filing a 19b-4 form with the US Securities and Exchange Commission (SEC).