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 ...

Key insight: So-called "skinny" Fed accounts could grant direct Fed-rail access to crypto-focused banks. What's at stake: Banks relying on BaaS revenue risk disintermediation and margin pressure. The ...

One judge sided with Custodia Bank, stating that a master account is “indispensable” for a bank’s day-to-day operations and being denied one is “akin to a death sentence.” A US federal court has ...