Kraken becomes first crypto company to secure Fed master account access
Senator Lummis praised the Fed's approval as a watershed moment for the 21st-century financial services industry.
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Senator Lummis praised the Fed's approval as a watershed moment for the 21st-century financial services industry.
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.
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