Kraken: First Crypto Firm Granted Access to Fed’s Core Payments System
Senator Lummis celebrated the Federal Reserve's approval of Kraken's master account as a victory for Wyoming's digital asset regulations.
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Senator Lummis celebrated the Federal Reserve's approval of Kraken's master account as a victory for Wyoming's digital asset regulations.
The Federal Reserve granted Kraken Financial a master account, making it the first crypto firm with direct access to the U.S. central bank's payment rails. This historic move enables direct dollar settlement but faces sharp criticism from traditional banking associations.
Chair of the Senate Banking Subcommittee on Digital Assets
President of the United States
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