Coinbase Submits Comment Letter on the FRB's New 'Payment Account' Proposal for Fintechs, Requesting Three Key Improvements

2026/07/29 17:06 (Updated 2026/07/30 05:00)

CoinPost

Written by A.Yamada

Coinbase Submits Comment Letter on the FRB's New 'Payment Account' Proposal for Fintechs, Requesting Three Key Improvements

Proposed Improvements for FRB Accounts Targeting Fintechs

This week, leading U.S. cryptocurrency exchange Coinbase submitted a comment letter regarding the Federal Reserve System's (FRB) proposal to establish new 'payment accounts' aimed at cryptocurrencies and fintech companies. The announcement was made by Coinbase's Head of Policy, Farrah Silzard, on the 28th.

Ms. Silzard stated that the introduction of payment accounts is an important step in modernizing the U.S. payment system...

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