WASHINGTON (Reuters) - A Republican senator is demanding answers from the Federal Reserve Bank of Kansas City after he says it revoked a sought-after master account that had previously been granted to ...

Master accounts have become an area of increased focus at the Federal Reserve and around the banking industry. Whether an institution has access to the Federal Reserve's payment system will soon be a ...

(Reuters) -Crypto giant Ripple supports the idea of a "skinny" Federal Reserve payments account for non-banks, which could still be a game changer while addressing banks' concerns over financial ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. In an interview with Reuters last week, crypto firm Ripple ...

Investing.com -- Federal Reserve Governor Christopher J. Waller announced plans to explore a new "payment account" concept for financial innovators during the Fed’s first Payments Innovation ...

Ripple Labs CEO Brad Garlinghouse criticized Wall Street lobbying efforts against crypto companies gaining access to Federal Reserve master accounts, calling the stance “hypocritical” during a panel ...

The Federal Reserve has prevailed in a lawsuit seeking to compel it to grant a master account, with a federal judge deciding that that access is discretionary and the Fed decides who gets it and who ...

This is the third in a series of articles on stablecoins. The first article was on reserves. The second on the singleness of money or par. Both these articles follow the logic of the regulation, ...