Federal Reserve money transfer services that are crucial to funneling cash around the financial system experienced a disruption for several hours Wednesday, an outage ...

Industry watchers welcomed the idea of “skinny” master accounts as another sign of the end of crypto’s banking troubles, which insiders described as “Operation Chokepoint 2.0.” The US Federal Reserve ...

Federal Reserve Governor Christopher Waller on Tuesday proposed the creation of a new type of Fed account that would give nonbank entities involved in payments, such as crypto payment firms, access to ...

The Federal Reserve Board requested public comment on a so-called "payment account" that financial institutions would use solely for clearing and settling their payments, the central bank said on ...

The government and the crypto firms are moving closer towards banking regulations. The U.S. Federal Reserve is moving forward with a proposal to create a streamlined version of its master accounts.