2025-12-28 09:23:48

US Senator Cynthia Lummis has highlighted how the Federal Reserve's introduction of 'skinny' accounts could serve as a critical solution to the crypto debanking crisis. The proposal aims to address the persistent challenges faced by cryptocurrency businesses in accessing traditional banking services, a bottleneck that has long hindered mainstream adoption. By expanding account accessibility through lighter regulatory requirements, such accounts could facilitate better integration between traditional finance and digital asset ecosystems, potentially reshaping the landscape for crypto enterprises seeking financial services.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

17 Likes

Reward
17
10
Repost
Share

Comment

0/400

FarmHopper

· 2025-12-31 07:14

Damn, someone finally took action. If the bank card issue isn't resolved, crypto won't go mainstream.

View OriginalReply0

CryptoCross-TalkClub

· 2025-12-31 01:22

Laughing out loud, it's "skinny accounts" again, sounds like a weight loss clinic for the crypto world, can it really cure the stubborn problem of debanking? --- Wait, the Federal Reserve has taken action? I believe this wave, but I trust even more that the next bear market will come faster. --- From now on, everyone can store coins openly and legitimately. The retail investors can finally save their assets for easy profit-taking. --- I've heard "light regulation" many times, but in the end, it either turns into "zero regulation" and runs away, or becomes "heavy regulation" and leads to liquidation. --- Wow, Ms. Lummis really cares for us this time, feels more attentive than the project teams.

View OriginalReply0

wrekt_but_learning

· 2025-12-30 19:47

Skinny accounts sound good, but can they really handle the debanking mess? I'm skeptical.

View OriginalReply0

LightningWallet

· 2025-12-28 09:53

Wait, can the skinny account really solve the bank run problem? After all these years, we're still discussing this...

View OriginalReply0

DiamondHands

· 2025-12-28 09:51

Coming back with this again? The Fed introduces "skinny accounts" to solve debanking? Feels like just another pie in the sky.

View OriginalReply0

GateUser-a606bf0c

· 2025-12-28 09:51

Lummis's move is really good, finally someone is about to break the deadlock... If skinny accounts can really be implemented, the old problem of debanking can finally be solved.

View OriginalReply0

ImpermanentSage

· 2025-12-28 09:44

Is the Federal Reserve finally going to compromise? Can the skinny account system truly solve the bottleneck issue with bank cards? It still feels like a temporary fix rather than a permanent solution.

View OriginalReply0

HalfPositionRunner

· 2025-12-28 09:38

Coming back with this? Skinny accounts sound good, but will the Fed really ease regulations? I'm skeptical.

View OriginalReply0

HashRateHermit

· 2025-12-28 09:35

Calm down, you're going to do this again? I highly doubt it can actually solve the problem.

View OriginalReply0

GreenCandleCollector

· 2025-12-28 09:28

Skinny account? Sounds like a compromise product, but it's better than being completely kicked out of the banking system...