Coinbase Pushes for Direct Fed Access as Reserve Account Debate Intensifies

Coinbase has formally responded to the Federal Reserve’s proposal to create “Reserve Bank Payment Accounts” for non-bank financial institutions, arguing that crypto platforms should be granted direct access to core settlement infrastructure such as FedNow and Fedwire. The exchange positions the move as a structural modernization of U. S source: https://www.ethnews.com/coinbase-pushes-for-direct-fed-access-as-reserve-account-debate-intensifies/