CryptoNeutralThe Block · 2h ago7/10
⛓️
Who gets a direct line to the Fed? Congress weighs risks of Fed ‘skinny accounts’ for crypto and fintech firms
Congress is examining the Federal Reserve's proposal to provide crypto and fintech firms with direct access to "skinny" Fed accounts—streamlined banking services with limited functionality. The debate centers on balancing financial inclusion and innovation against systemic risks and regulatory oversight concerns.
