The Federal Reserve Seeks Feedback on Proposal to Establish Limited "FedNow Accounts" for Certain Financial Institutions

By: theblockbeats.news|2025/12/19 23:16:04
0
Share
copy

BlockBeats News, December 19th, the Federal Reserve announced on Friday that it is seeking feedback on establishing limited "payment accounts" for certain financial institutions. These accounts would allow the institutions to use the Fed's payment services for clearing and settling transactions but would not have the broader access to facilities that banks currently enjoy. Federal Reserve Governor Waller stated that such accounts could "support innovation" while safeguarding the security of the payment system. If established, these accounts would be distinct from the Fed's master accounts, would not earn interest, and would not have access to the Fed's credit services. These accounts would also be subject to balance limits. Waller first proposed the idea of establishing such accounts in October of last year, as the Fed was seeking a balance to enable wider use of its payment services by fintech companies and other institutions without granting full master account access to less-regulated entities. (Jinse Finance)

You may also like

The Trader's Playbook: 7 Market Cycle Lessons From LALIGA’s 90 Minutes

What do LALIGA matches teach about crypto markets? Learn how consolidation, breakouts, and late-cycle volatility shape disciplined trading decisions.

How Smart Money Tracker Survived Live AI Trading at WEEX AI Hackathon

Discover how WEEX AI Trading Hackathon tested strategies with real capital—no simulations. See how Smart Money Tracker survived flash crashes and leveraged 18x in live markets.

80% Win Rate to 40% Drawdown: An AI Trader's Brutal Recalibration at WEEX AI Wars

Dive into the technical blueprint of an AI trading system built on LLaMA reasoning and multi-agent execution. See how Quantum Quaser uses confidence thresholds & volatility filters at WEEX AI Wars, and learn the key to unlocking 95% win rate trades.

AI Trading Strategy Explained: How a Beginner Tiana Reached the WEEX AI Trading Hackathon Finals

Can AI trading really outperform human emotion? In this exclusive WEEX Hackathon finalist interview, discover how behavioral signal strategies, SOL trend setups, and disciplined AI execution secured a spot in the finals.

When AI Takes Over the 'Shopping Journey,' How Much Time Does PayPal Have Left?

Stripe and PayPal are shifting from payment tools to AI business infrastructure, competing to become the default engine for AI transactions.

Bloomberg: Aid Turkey Freeze $1 Billion Assets, Tether Remakes Compliance Boundary

By the end of 2025, Tether and its competitor Circle had blacklisted around 5700 wallets, involving assets of around $2.5 billion.

Popular coins

Latest Crypto News

Read more