Core Viewpoint - The Federal Reserve plans to introduce a "streamlined master account" by the end of this year, allowing limited access to its payment system for certain institutions without interest accrual or access to the discount window [1] Group 1 - Christopher Waller, a Federal Reserve governor, emphasized the urgency of implementing the streamlined master account after completing opinion coordination [1] - The U.S. Congress is facing obstacles in advancing structural legislation for the cryptocurrency market, leading to increased uncertainty and a cooling market sentiment [1] - The initial excitement in the cryptocurrency market, reminiscent of the early Trump administration, is dissipating, with significant price declines observed in major assets like Bitcoin [1]

Core Viewpoint - The U.S. President Trump is committed to signing legislation for the cryptocurrency market this year [1] Group 1 - The legislation aims to provide a regulatory framework for the cryptocurrency industry [1] - This move is expected to enhance the legitimacy and stability of the cryptocurrency market [1] - The administration's focus on cryptocurrency regulation reflects the growing importance of digital assets in the financial landscape [1]