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Crypto and the Fed: State of Crypto

CoinDesk
The Federal Reserve and the U.S. administration are advancing new policies to integrate cryptocurrency firms into federal payment systems and regulatory frameworks.

Summary

President Donald Trump recently signed two executive orders aimed at integrating digital assets into existing payment networks and strengthening Bank Secrecy Act regulations. Concurrently, the Federal Reserve released an updated proposal for a 'skinny' master account, outlining how fintech and crypto companies might gain access to central bank payment rails without needing to be fully chartered banks. While these moves signal potential progress for industry integration, they coincide with broader legislative uncertainty as the Senate faces a tight schedule and negotiations over funding bills.

(Source:CoinDesk)