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 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 ...

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 ...

The Federal Reserve has prevailed in a lawsuit seeking to compel it to grant a master account, with a federal judge deciding that that access is discretionary and the Fed decides who gets it and who ...

(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 ...

The launch of the Fed’s instant payment FedNow system has raised the value of access to master accounts–which Kraken Bank, Custodia Bank and others haven’t been granted. In July, the Federal Reserve ...

The Federal Reserve has opened the door to a new type of central bank account that could reshape how crypto and payment-focused firms access the US banking system, under a tailored approval framework.

This is the third in a series of articles on stablecoins. The first article was on reserves. The second on the singleness of money or par. Both these articles follow the logic of the regulation, ...

At the end of March, components of the US Federal Reserve System (“FRS” or the “Fed”) prevailed in two lawsuits brought by depository institutions seeking master accounts. 1 These decisions have ...