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Fed Reserve Bank Reveals Its Big Concerns About Granting Crypto Firms Accounts
www.capitolaccountdc.com

Fed Reserve Bank Reveals Its Big Concerns About Granting Crypto Firms Accounts

Also, Texas names (and shames) financial companies on its ESG hit list; Bond comes up short in run for Congress

Aug 24, 2022
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Fed Reserve Bank Reveals Its Big Concerns About Granting Crypto Firms Accounts
www.capitolaccountdc.com

The Fed’s announcement last week that it had set a formal process for granting fintech firms access to its coveted payment system was met with cautious optimism by the crypto industry – firms saw the move as a pathway to secure a valuable credential that will let them better compete with banks. Far less noticed, however, was a legal brief one of the Fed…

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