Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
The Federal Reserve Seeks Feedback on Proposal to Establish Limited "FedNow Accounts" for Certain Financial Institutions
BlockBeats News, December 19th, the Federal Reserve announced on Friday that it is seeking feedback on establishing limited "payment accounts" for certain financial institutions. These accounts would allow the institutions to use the Fed's payment services for clearing and settling transactions but would not have the broader access to facilities that banks currently enjoy. Federal Reserve Governor Waller stated that such accounts could "support innovation" while safeguarding the security of the payment system. If established, these accounts would be distinct from the Fed's master accounts, would not earn interest, and would not have access to the Fed's credit services. These accounts would also be subject to balance limits. Waller first proposed the idea of establishing such accounts in October of last year, as the Fed was seeking a balance to enable wider use of its payment services by fintech companies and other institutions without granting full master account access to less-regulated entities. (Jinse Finance)
You may also like
Fluid Announces Updates on Resolv Hack Recovery and Compensation Plan
Key Takeaways Fluid has repaid approximately $70 million related to USR debts on the BNB and Plasma chains.…
Binance to Delist Key Spot Trading Pairs: What You Need to Know
Key Takeaways Binance is set to remove several spot trading pairs on March 27, 2026, at 11:00 AM…
Whale Activities in the Crypto Market: A Deep Dive into Recent Trends
Key Takeaways A significant whale deposit occurred 3 hours ago when 5.5 million USDT was moved to Binance…
Circle and Tether Freeze Iranian Exchange Wallex Wallet with $2.49M Assets on Hold
Key Takeaways Circle and Tether have frozen a significant amount of assets from an Iranian exchange called Wallex,…
James Wynn Engages in High-Leverage Bitcoin Short Position
Key Takeaways James Wynn recently opened a 40x leveraged short position on Bitcoin. His position involves 2.69 BTC,…
Major Whale Opens Significant 20x Leveraged Positions in ETH and BTC
Key Takeaways Whale 0x049b has executed large 20x leverage positions on 9,256 ETH and 282.47 BTC, totaling over…
New Whale Activity: 33,998 ETH Withdrawn from Kraken
Key Takeaways A new Ethereum whale with the address starting 0xD77 has withdrawn 33,998 ETH from Kraken. The…
Bernstein’s Insight: Bitcoin’s Potential Trajectory Toward $150,000 by End of 2026
Key Takeaways Bernstein predicts Bitcoin could rise to $150,000 by the end of 2026. The market is shifting…
Why Is The Crypto Market Up Today?
Key Takeaways The cryptocurrency market experienced a $114 billion surge, with Bitcoin leading by breaking above $71,000. Bitcoin’s…
SlowMist’s Latest Alert: A Deep Dive into LiteLLM’s Data Breach
Key Takeaways SlowMist identifies a major breach in the LiteLLM library, with approximately 300GB of sensitive data compromised.…
SpaceX Stock Prediction: Hitting $1,200 at 2026 IPO?
Key Takeaways Elon Musk confirms SpaceX is advancing its IPO plans, with expected filing as early as weeks…
Safello’s Bittensor Staked TAO ETP on Nasdaq Stockholm: A New Horizon
Key Takeaways: Bittensor Staked TAO ETP (STAO) by Safello is now listed on Nasdaq Stockholm. The ETP offers…
Bittensor (TAO) +18%: Essential Insights for Investors
Key Takeaways: The Bittensor (TAO) market has shifted from speculative potential to verified utility, marking an 18% rise…
Bittensor Surge: Understanding the TAO’s Bullish Performance and Institutional Inflows
Key Takeaways: Bittensor (TAO) is regarded as a key asset for institutional investors with a recent listing on…
Bittensor (TAO) Price Surge Sparks Intrigue: Is a Breakout Above Resistance Near?
Key Takeaways: Bittensor’s TAOUSD price has surged over 66%, breaching the $300 mark for the first time since…
Ethereum Price Prediction: Navigating Scaling, Security, and AI in 2026
Key Takeaways: Ethereum price remains in a critical range between $2,100–$2,350, with directional control uncertain. Vitalik Buterin’s criticisms…
Bittensor (TAO) +18%: Critical Insights for Investors
Key Takeaways: Bittensor’s (TAO) recent 18% surge indicates a shift from potential to proven utility. The asset’s trading…
Bittensor (TAO) Gains Strength—Is a Breakout Above Resistance Imminent?
Key Takeaways: Bittensor TAOUSD price has surged over 66%, testing $300 for the first time since early January.…
Fluid Announces Updates on Resolv Hack Recovery and Compensation Plan
Key Takeaways Fluid has repaid approximately $70 million related to USR debts on the BNB and Plasma chains.…
Binance to Delist Key Spot Trading Pairs: What You Need to Know
Key Takeaways Binance is set to remove several spot trading pairs on March 27, 2026, at 11:00 AM…
Whale Activities in the Crypto Market: A Deep Dive into Recent Trends
Key Takeaways A significant whale deposit occurred 3 hours ago when 5.5 million USDT was moved to Binance…
Circle and Tether Freeze Iranian Exchange Wallex Wallet with $2.49M Assets on Hold
Key Takeaways Circle and Tether have frozen a significant amount of assets from an Iranian exchange called Wallex,…
James Wynn Engages in High-Leverage Bitcoin Short Position
Key Takeaways James Wynn recently opened a 40x leveraged short position on Bitcoin. His position involves 2.69 BTC,…
Major Whale Opens Significant 20x Leveraged Positions in ETH and BTC
Key Takeaways Whale 0x049b has executed large 20x leverage positions on 9,256 ETH and 282.47 BTC, totaling over…
App