Fed Updates Master Account Proposal as Trump Orders Crypto Payment Integration

The Federal Reserve revised its master account rules for crypto firms while Trump directed regulators to integrate digital assets into payment systems. The Federal Reserve released an updated proposal for a 'skinny' master account, detailing how fintech and crypto firms ca

The Federal Reserve revised its master account rules for crypto firms while Trump directed regulators to integrate digital assets into payment systems.

The Federal Reserve released an updated proposal for a ‘skinny’ master account, detailing how fintech and crypto firms can access its payment rails without full bank charters. The revision builds on a December 2025 request for information, clarifying the central bank’s approach to non-traditional financial institutions.

President Donald Trump signed two executive orders this week, one mandating federal agencies to update regulations for crypto payment integration and another strengthening Bank Secrecy Act oversight. The moves follow industry calls for clearer pathways to federal payment systems.

The proposals signal potential regulatory shifts, though no immediate market reaction was reported. The Fed’s updated framework could reduce barriers for crypto firms seeking direct access to payment infrastructure.

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