Wu Blockchain has learned from crypto journalist Eleanor Terrett that the Federal Reserve has issued a notice seeking public comments and proposing rules for a 'lite master account' framework. This would allow eligible fintech and crypto companies to access the Fed's payment system for payment clearing and settlement. The move is seen as the next formal step in Fed Governor Christopher Waller's push for a payment account framework, following the public comment period for related proposals that concluded in February this year. At the same time, the Fed has suggested that regional Federal Reserve Banks temporarily hold off on deciding new Tier 3 master account applications, potentially until December 2026, to enhance system consistency before the final framework is implemented. Most crypto companies are classified as Tier 3 institutions. https://(wublock123.com)/news/fed-proposes-lite-master-account-framework-allows-crypto-access-payments-61412