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PACE Act Pushes Fed Payment Access for Nonbanks, Crypto Firms

Bitcoin.com

Bitcoin News / Bitcoin.com 153 Views

PACE Act Pushes Fed Payment Access for Nonbanks, Crypto FirmsU.S. lawmakers have introduced the PACE Act to modernize payment systems and reduce transaction costs. The bill could open federal payment rails to regulated nonbank providers, including crypto firms. Key Takeaways: U.S. Reps. Young Kim and Sam Liccardo introduced the PACE Act to modernize payments. Bill aims to open Fed systems like Fednow, cutting fees […]
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