New Account Could Let Crypto Into | Crypto

The Fed has described a capped “payment account” that would offer basic access to Fedwire and ACH without interest, overdrafts, or emergency lending, framing it as a payments tool that could reduce reliance on intermediaries for eligible firms, including stablecoin issuers. The post The Fed’s New Account Could Let Crypto Into the System – Here’s What Traders Need to Know appeared first on Cryptonews.