Fed Proposes Stricter Master Account Rules for Crypto Banks: Impact on Bitcoin (BTC) & Ethereum (ETH)

The U.S. Federal Reserve is advancing a more restrictive policy for granting master accounts to institutions involved in cryptocurrency activities. This key banking access, which allows direct use of the Fed's payment system, may face heightened scrutiny and narrower eligibility criteria specifically targeting crypto-focused banks and fintech firms. The proposed guidelines aim to address potential risks associated with digital assets, signaling a cautious regulatory approach. This development is critical for crypto-native banks seeking operational parity with traditional financial institutions and could influence market infrastructure for major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). The move underscores the ongoing integration of digital asset oversight into the core U.S. financial framework.