🚨 Major Regulatory Development: The Federal Reserve Officially Seeks Public Opinion on Opening Master Accounts for Crypto Companies!
The Federal Reserve is publicly seeking opinions on a new type of master account structure that is considered highly attractive for cryptocurrency banks and blockchain companies. This means that crypto businesses may potentially access the Federal Reserve's payment system directly in the future, bypassing traditional commercial banks. This is a key step for U.S. regulators to open the door to the crypto industry, aiming to provide a clearer compliance pathway.
If approved, this will significantly reduce the operational costs and settlement risks for crypto companies, enhancing the financial efficiency and stability of the entire industry. The bridge between traditional finance and the crypto world is being rapidly constructed.
💡 Key Insight: This is not an immediate approval but an important policy signpost. It indicates that the mainstream financial system is actively researching how to accommodate crypto assets, which is a huge legitimacy boost in the long term. Keep an eye on subsequent developments and the potential impact on compliant platform tokens.
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