2025-12-29 02:22:42

Recently, there is a development worth noting—The Federal Reserve is planning to launch a streamlined main account system specifically designed for crypto companies. According to Senator Cynthia Lummis, the core goal of this plan is to break the long-standing dilemma faced by the industry known as "Operation Chokepoint 2.0," which is essentially a de-banking issue.

From a practical perspective, this new main account system can bring three obvious changes: faster payment settlement speeds, significantly reduced transaction costs, and improved account security. This means crypto companies will no longer need to bypass numerous hurdles to access basic banking services.

For the entire industry, this could be a turning point. The opening of banking services not only alleviates liquidity pressures but also allows compliant crypto businesses to better integrate into the traditional financial system. Of course, the specific implementation will depend on the subsequent details from the Federal Reserve.

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AirDropMissed

· 5h ago

Finally some good news, otherwise being annoyed every day by bank cards is really exhausting.

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liquidation_watcher

· 5h ago

Someone is finally taking this seriously, but... can it really be implemented? The Federal Reserve's plan sounds good, but details are everything, folks. I know Lummis is pushing for this, but the question is whether the subsequent implementation will be derailed by some conservatives—I've seen this kind of thing too many times. That said, if it really happens, it will be a huge benefit to the industry, and liquidity pressures could be eased significantly. But I'm more concerned about whether those shady companies hiding behind "compliance" will take the opportunity to harvest the leeks... Banks are willing to open the door to crypto, but the premise is that the Federal Reserve must withstand the pressure. Who dares to bet that this will truly be realized before the end of the year?

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OPsychology

· 6h ago

There's finally some movement after so many years of bank card issues.

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MainnetDelayedAgain

· 6h ago

How many years have passed since the Federal Reserve's last commitment to financial reform? According to the database, this main account system is still in the "planning" stage. It is recommended to include it in the Guinness World Records. --- Another Lummis pie-in-the-sky, the project team has been fermenting for a long time. Let's wait patiently for it to bloom, everyone. --- The Federal Reserve will eventually implement this plan, but as for the specific timetable... please feel free to add data. --- I've heard the phrase "possibly a turning point" too many times; the art of timing is truly superb. --- 延期通知第n次, this time the main character is the Federal Reserve.

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OnChainArchaeologist

· 6h ago

Finally, I no longer have to hold back. The opening of bank services really feels satisfying.

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