Definition ∞ Non-bank market access refers to the ability of financial institutions other than traditional banks to participate directly in financial markets. This typically involves payment service providers, fintech companies, or digital asset firms gaining direct access to central bank accounts or payment systems. It aims to foster competition, reduce costs, and accelerate innovation in financial services. Such access can circumvent traditional banking intermediaries, creating more direct pathways for transactions.
Context ∞ Expanding non-bank market access is a key policy objective in many jurisdictions seeking to modernize financial infrastructure and integrate digital assets. News often covers regulatory reforms and initiatives that grant non-bank entities greater participation in payment networks. This trend is particularly relevant for the digital asset industry, which often operates outside conventional banking channels.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
