{"id":17973,"date":"2026-05-21T06:17:08","date_gmt":"2026-05-21T06:17:08","guid":{"rendered":"https:\/\/globalnewstoday.uk\/index.php\/2026\/05\/21\/us-stock-market-fed-weighs-new-payment-account-framework-amid-crypto-push-the-economic-times\/"},"modified":"2026-05-21T06:17:08","modified_gmt":"2026-05-21T06:17:08","slug":"us-stock-market-fed-weighs-new-payment-account-framework-amid-crypto-push-the-economic-times","status":"publish","type":"post","link":"https:\/\/globalnewstoday.uk\/index.php\/2026\/05\/21\/us-stock-market-fed-weighs-new-payment-account-framework-amid-crypto-push-the-economic-times\/","title":{"rendered":"US Stock Market: Fed weighs new payment account framework amid crypto push &#8211; The Economic Times"},"content":{"rendered":"<p>The Federal Reserve proposed a new payment account category for fintech and crypto firms, offering limited access to central bank payment infrastructure. This move aims to reduce transaction costs and improve efficiency, though it faces opposition from traditional banks concerned about risks. The proposal signals a shift in financial access, with ongoing debate about regulation and oversight.<br \/>As on 21 May 2026, 01:30 AM IST<\/p>\n<p>(What&#8217;s moving <a href=\"https:\/\/economictimes.indiatimes.com\/indices\/sensex_30_companies\">Sensex<\/a> and <a href=\"https:\/\/economictimes.indiatimes.com\/indices\/nifty_50_companies\">Nifty<\/a> Track <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\">latest market news<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/recos\">stock tips<\/a>, <a href=\"\/budget\">Budget 2025<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/live-blog\/bse-sensex-today-live-updates-nifty-50-stock-market-on-union-budget-2025-nirmala-sitharaman-speech-01-february-2025\/liveblog\/117809746.cms\">Share Market on Budget 2025<\/a> and <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/expert-view\">expert advice<\/a>, on <a href=\"https:\/\/economictimes.indiatimes.com\/markets\">ETMarkets<\/a>. 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For fastest news alerts on financial markets, investment strategies and stocks alerts, <a rel=\"nofollow\" href=\"https:\/\/t.me\/joinchat\/J60pKE7SOStsj5sI8nDmHQ\" target=\"_blank\">subscribe to our Telegram feeds<\/a> .)<br \/>Subscribe to <a rel=\"nofollow\" href=\"https:\/\/buy.indiatimes.com\/ET\/plans\">ET Prime<\/a> and read the <a rel=\"nofollow\" href=\"https:\/\/epaper.indiatimes.com\/timesepaper\/publication-the-economic-times,city-delhi.cms\">Economic Times ePaper<\/a> Online.and <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/live-blog\/bse-sensex-today-live-nifty-stock-market-updates-5-june-2024\/liveblog\/110717623.cms\">Sensex Today<\/a>.<br \/>Top Trending Stocks: <a href=\"https:\/\/economictimes.indiatimes.com\/state-bank-of-india\/stocks\/companyid-11984.cms\">SBI Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/axis-bank-ltd\/stocks\/companyid-9175.cms\">Axis Bank Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/hdfc-bank-ltd\/stocks\/companyid-9195.cms\">HDFC Bank Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/infosys-ltd\/stocks\/companyid-10960.cms\">Infosys Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/wipro-ltd\/stocks\/companyid-12799.cms\">Wipro Share Price<\/a>, <a href=\"https:\/\/economictimes.indiatimes.com\/ntpc-ltd\/stocks\/companyid-12316.cms\">NTPC Share Price<\/a><br \/><span class=\"cSprite_b prime_icon\"><\/span><br \/><a title=\"title | stname\" data-ga-onclick=\"Prime Stories Widget Articleshow#Story Click - 1#current - href\" itemprop=\"url\" class=\"title\" href=\"https:\/\/economictimes.indiatimes.com\/prime\/energy\/an-unusual-skill-shortage-thats-stalling-govts-png-push\/primearticleshow\/131228092.cms\" data-conttype=\"100\" data-hostid=\"318\"><meta content=\"1\" itemprop=\"position\"><meta content=\"An unusual skill shortage that&rsquo;s stalling govt&rsquo;s PNG push\" itemprop=\"name\">An unusual skill shortage that\u2019s stalling govt\u2019s PNG push<\/a><br \/><a title=\"title | stname\" data-ga-onclick=\"Prime Stories Widget Articleshow#Story Click - 2#current - href\" itemprop=\"url\" class=\"title\" href=\"https:\/\/economictimes.indiatimes.com\/prime\/transportation\/is-air-india-the-cocktail-turning-bitter-for-tatas\/primearticleshow\/131204292.cms\" data-conttype=\"100\" data-hostid=\"318\"><meta content=\"2\" itemprop=\"position\"><meta content=\"Is Air India the cocktail turning bitter for Tatas?\" itemprop=\"name\">Is Air India the cocktail turning bitter for Tatas?<\/a><br \/><a title=\"title | stname\" data-ga-onclick=\"Prime Stories Widget Articleshow#Story Click - 3#current - href\" itemprop=\"url\" class=\"title\" href=\"https:\/\/economictimes.indiatimes.com\/prime\/money-and-markets\/can-gift-city-open-doors-for-indians-missing-korea-taiwan-ai-rally\/primearticleshow\/131068988.cms\" data-conttype=\"100\" data-hostid=\"318\"><meta content=\"3\" itemprop=\"position\"><meta content=\"Can GIFT City open doors for Indians missing Korea, Taiwan AI rally?\" itemprop=\"name\">Can GIFT City open doors for Indians missing Korea, Taiwan AI rally?<\/a><br \/><a title=\"title | stname\" data-ga-onclick=\"Prime Stories Widget Articleshow#Story Click - 4#current - href\" itemprop=\"url\" class=\"title\" href=\"https:\/\/economictimes.indiatimes.com\/prime\/transportation\/after-trump-tariff-is-indian-aviation-next-us-target\/primearticleshow\/131095857.cms\" data-conttype=\"100\" data-hostid=\"318\"><meta content=\"4\" itemprop=\"position\"><meta content=\"After Trump tariff, is Indian aviation next US target?\" itemprop=\"name\">After Trump tariff, is Indian aviation next US target?<\/a><br \/><a title=\"title | stname\" data-ga-onclick=\"Prime Stories Widget Articleshow#Story Click - 5#current - href\" itemprop=\"url\" class=\"title\" href=\"https:\/\/economictimes.indiatimes.com\/prime\/pharma-and-healthcare\/how-this-man-proved-mas-need-not-be-disasters-even-if-tough\/primearticleshow\/130793183.cms\" data-conttype=\"100\" data-hostid=\"318\"><meta content=\"5\" itemprop=\"position\"><meta content=\"How this man proved M&amp;amp;As need not be disasters even if tough\" itemprop=\"name\">How this man proved M&amp;As need not be disasters even if tough<\/a><br \/><a title=\"title | stname\" data-ga-onclick=\"Prime Stories Widget Articleshow#Story Click - 6#current - href\" itemprop=\"url\" class=\"title\" href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/stock-radar-laurus-labs-stock-hits-a-fresh-record-high-in-may-2026-will-the-rally-continue\/articleshow\/131197515.cms\" data-conttype=\"100\"><meta content=\"6\" itemprop=\"position\"><meta content=\"Stock Radar: Laurus Labs stock hits a fresh record high in May 2026; 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This move aims to reduce transaction costs and improve efficiency, though it faces opposition from traditional banks concerned about risks. The proposal signals a shift in financial access, with ongoing debate about regulation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17974,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-17973","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"_links":{"self":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/17973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/comments?post=17973"}],"version-history":[{"count":0,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/17973\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media\/17974"}],"wp:attachment":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media?parent=17973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/categories?post=17973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/tags?post=17973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}