Coinbase Urges Federal Reserve to Modernize US Payment Systems
Coinbase Urges Federal Reserve to Modernize US Payment Systems
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Coinbase is actively pressuring the Federal Reserve to update the United States' payment infrastructure. The crypto exchange advocates for a framework that accommodates omnibus customer balances and offers increased operational flexibility, drawing parallels to modern European payment standards.
Coinbase is urging the Fed to restructure the payment framework to allow for omnibus customer balances and more flexible operational limits.