Three native Crypto Assets companies have applied for The Federal Reserve (FED) main accounts.

On June 30, according to cryptoinamerica, three cryptocurrency native companies including WisdomTree Digital Trust, Standard Custody & Trust Company, and Commercium Financial have applied for a main account with The Federal Reserve (FED), indicating a new optimism in the market regarding the FED's potential easing of restrictions on allowing digital asset companies to use its payment channels. Notably, WisdomTree and Standard Custody are chartered trust companies in New York State, regulated by the New York State Department of Financial Services (NYDFS). Under the current federal definition, it is unclear whether they are eligible to open a main account, as opening a main account requires obtaining deposit authorization or insurance from the Federal Deposit Insurance Corporation (FDIC). Some industry observers believe that these companies may hope for President Trump to issue an executive order directing the FED to grant unrestricted main account access to fintech and digital asset companies. It is reported that the Trump administration has been considering this for several months.