Fed's skinny master accounts stir banks‑crypto rift; Waller eyes year‑end rollout

On February 10, 2026, Fed Governor Christopher Waller said the central bank plans to offer restricted "skinny master accounts" that give eligible fintech and crypto firms limited access to its payment system by year‑end. Reports indicated the accounts would pay no interest and bar discount‑window borrowing amid divisions between crypto companies and community banks and delays to a broader market‑structure bill.