Kraken becomes first crypto company to secure Fed master account access
Governor Gordon welcomed the move, stating it signals support for Wyoming's digital asset and banking laws.
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Governor Gordon welcomed the move, stating it signals support for Wyoming's digital asset and banking laws.
Kraken Financial says it received a Federal Reserve master account, giving it direct access to Fed payment systems, though it will not receive all services available to traditional banks. Senator Cynthia Lummis and Wyoming Governor Mark Gordon welcomed the approval, which the article says could help Kraken expand its operations.
Senator from Wyoming and crypto advocate
Lummis's version of this story ↗Cynthia M. LummisLoading comments…