In a notable move introduced at the Federal Reserve’s first Payment Innovation Conference on October 21, a new payment account model was announced, targeting stablecoin issuers and cryptocurrency firms. This initiative, led by Fed Governor Christopher Waller, enables these companies to connect directly to the Fedwire and ACH systems.
Continue Reading:Fed Introduces New Payment Pathway for Digital Currency Firms
Source: https://en.bitcoinhaber.net/fed-introduces-new-payment-pathway-for-digital-currency-firms