March 4 : Cryptocurrency exchange Kraken's banking unit has gained access to the U.S. Federal Reserve's payments system through a limited-purpose account, the Kansas City Fed said in a statement on Wednesday.The development underscores the crypto sector's growing foothold in mainstream finance as digital asse

Kraken, one of the largest cryptocurrency exchanges, on Wednesday was granted a Federal Reserve master account.

March 4 : Cryptocurrency exchange Kraken's banking unit has gained access to the Federal Reserve's payments system through a limited-purpose account, the first U.S. digital-asset bank to do so as the sector deepens its reach into mainstream finance.Through its Fed master account, Kraken Financial can link dir

March 4 : Cryptocurrency exchange Kraken's banking unit has gained access to the Federal Reserve's payments system through a limited-purpose account, the first U.S. digital-asset bank to do so as the sector deepens its reach into mainstream finance.Through its Fed master account, Kraken Financial can link dir

March 4 : Cryptocurrency exchange Kraken's banking unit has won access to the Federal Reserve's core payment systems, the Wall Street Journal reported on Wednesday.The move will allow Kraken Financial to handle transactions more quickly and efficiently for big clients and professional traders, the report said

Kraken's banking arm secures a Federal Reserve master account, marking the first direct Fed access ever granted to a crypto-native company.