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US Fed Opens Pathway for Crypto Banks to Tap Central Banking System

The central bank will create a three-tiered system for evaluating whether a financial institution should have access.

Updated May 11, 2023, 6:20 p.m. Published Aug 15, 2022, 6:50 p.m.
Fed Vice Chair Lael Brainard (Drew Angerer/Getty Images)
Fed Vice Chair Lael Brainard (Drew Angerer/Getty Images)