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Core Viewpoint - The Federal Reserve's proposed "payment account" framework could significantly impact online gambling transactions by allowing eligible non-bank financial institutions limited access to the Fed's core payment systems, potentially modernizing the flow of funds in the U.S. economy [1][2]. Group 1: Proposed Framework and Its Implications - The proposal, known as the "streamlined master account," aims to modernize the flow of funds in the U.S. economy, providing payment providers a direct path to bypass traditional banking intermediaries [1]. - The framework may lead to faster settlements and direct clearing, which could enhance payout speeds for licensed gambling operators, but it also introduces new risks and compliance requirements [1][2]. Group 2: Regulatory Trends and Industry Impact - MDC highlights a broader regulatory trend of increasing scrutiny over digital payments, which could impose additional audit and anti-fraud obligations on payment partners if the framework is implemented [2]. - The potential new costs associated with enhanced regulatory compliance may affect platform operations and player experiences, possibly leading to slower withdrawal speeds, stricter verification checks, or increased transaction fees [2]. Group 3: About MDC - Minimum Deposit Casinos (MDC) is a subsidiary of OneTwenty Group, dedicated to promoting a transparent, licensed, and compliant online gambling experience, focusing on platforms that meet high standards for customer identity verification, responsible gambling, and secure payment processing [3].