Fed’s new proposal could end crypto’s debanking issues

Federal Reserve Governor Christopher J. Waller recently likened Bitcoin to 'electronic gold,' emphasizing its role as a non-yielding store of value driven by collective belief. His comments during the 'Crypto in America' livestream on October 21, 2025, highlight the growing acceptance of cryptocurrencies in mainstream finance, suggesting that Bitcoin could play a significant role in the future of investment.

A Federal Reserve Governor has announced a significant shift in the agency's approach to cryptocurrency, marking the beginning of a new era. This change reflects a commitment to engage with the evolving landscape of digital currencies and their integration into the payments system. By embracing this tech-driven revolution, the Fed aims to ensure that the U.S. remains competitive and innovative in the financial sector, which is crucial as more consumers and businesses turn to digital solutions.

The ongoing tension between U.S. banks and crypto firms has intensified following comments from Kraken's CEO regarding stablecoin yields. This dispute highlights the growing friction in the financial sector as traditional banks express concerns over the risks associated with crypto products. The situation is significant as it reflects the broader challenges faced by the cryptocurrency industry in gaining acceptance and navigating regulatory scrutiny.

Federal Reserve Governor Michael S. Barr recently spoke at DC Fintech Week, commending Congress for its efforts to regulate stablecoins. However, he cautioned that the way the new law is written might inadvertently create loopholes that could allow Bitcoin-related assets to be included in stablecoin reserves, potentially escaping direct oversight from the Federal Reserve. This discussion is crucial as it highlights the ongoing challenges in regulating cryptocurrencies and the need for clear guidelines to prevent financial risks.

Kraken co-CEO Dave Ripley has responded strongly to a banker who labeled stablecoin yields as a 'detriment.' Ripley argues that consumers should have the freedom to earn yields on their stablecoins rather than being limited to traditional bank interest. This discussion highlights the growing importance of stablecoins in the financial landscape, as they offer alternative investment opportunities and challenge conventional banking practices.

The Federal Reserve is considering a new payment account that could integrate cryptocurrency into mainstream US finance. This initiative is significant as it may bridge the gap between traditional banking and digital currencies, potentially enhancing the efficiency of transactions and expanding access to financial services. As the world increasingly embraces digital assets, this move could position the US at the forefront of financial innovation.

In a recent event focused on payment innovations, Federal Reserve official Christopher Waller proposed a new approach to the crypto industry's push for a 'master account.' His suggestion to embrace disruption reflects a willingness to adapt to changing financial landscapes, which could lead to more inclusive and innovative payment systems. This is significant as it indicates the Fed's openness to integrating new technologies and ideas, potentially reshaping the future of finance.

The Federal Reserve is embracing a new era in payments, with Governor Christopher Waller expressing a welcoming stance towards cryptocurrency. This shift is significant as it indicates a growing acceptance of digital currencies within traditional financial systems, potentially leading to innovative payment solutions and greater financial inclusion. As the Fed explores the integration of crypto, it could reshape the landscape of how we transact and interact with money.

Google has announced a groundbreaking advancement in quantum computing with a new chip that can run algorithms 13,000 times faster than traditional supercomputers. This leap in technology not only showcases Google's leadership in the field but also has the potential to revolutionize various industries by solving complex problems that were previously thought to be insurmountable. The implications for fields such as cryptography, drug discovery, and artificial intelligence are immense, making this development a significant milestone in the tech world.

Cardano's price has dropped by 6.5% following the minting of all 24 billion NIGHT tokens during the highly anticipated Midnight event. While the Midnight project marks a significant milestone for Cardano, the price decline highlights the volatility often associated with cryptocurrency markets. This situation is crucial for investors and enthusiasts as it reflects the challenges and unpredictability in the crypto space, even when major developments occur.

MegaETH has just announced the details of its public sale, which is set to raise between $1 million and $999 million through the Echos Sonar platform. This comes as Hyperliquid lists MEGA futures, valuing the token at an impressive $5 billion. This news is significant as it highlights the growing interest and investment in the cryptocurrency space, particularly for new tokens like MegaETH, which could attract more traders and investors.

The recent $27 million deal by Applied DNA and CEA Industries' acquisition of 500,000 BNB tokens mark a significant trend where public companies are increasingly adding Binance's native token to their balance sheets. This move not only reflects growing confidence in the cryptocurrency market but also highlights the strategic importance of BNB in corporate finance, potentially influencing other companies to follow suit.

In a surprising turn of events, Kadena has announced the immediate shutdown of its operations, leaving many in the crypto community reeling. While the organization itself will cease all activities, the Kadena blockchain will continue to function thanks to independent miners and developers. This situation highlights the volatility and unpredictability of the cryptocurrency market, raising concerns about the future of similar projects.

Recently, LuBian-linked wallets have made headlines by transferring 15,959 Bitcoin, valued at approximately $1.83 billion, across four different addresses. This significant movement marks the second major transfer in just a few weeks, reigniting interest in one of the longest-standing mysteries in the cryptocurrency world. Such large transactions can impact market dynamics and raise questions about the intentions behind these movements, making it a topic worth following for crypto enthusiasts and investors alike.