Federal Reserve Opens Door to Crypto Firms with Proposed ‘Skinny’ Master Accounts
The U.S. Federal Reserve is taking a significant step toward integrating cryptocurrency firms into the traditional financial system. A newly proposed framework would grant crypto and fintech companies access to 'skinny' master accounts, enabling direct connectivity to the Fed's payment infrastructure.
This MOVE signals growing institutional recognition of digital assets, potentially accelerating mainstream adoption. By bridging the gap between decentralized finance and legacy systems, the Fed acknowledges crypto's expanding role in global payments.
Market participants view this development as a bullish indicator for the sector. Regulatory clarity often precedes institutional capital inflows, which could benefit the entire digital asset ecosystem.