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Andrew Ackerman: Kraken receives Fed master account via KCFed with initial restrictions

Andrew Ackerman: Kraken receives Fed master account via KCFed with initial restrictions
Kraken gets Fed master account

Kraken has obtained a Federal Reserve master account through the Federal Reserve Bank of Kansas City, initially awarded for one year and subject to unspecified restrictions and limitations.

This development was reported by Andrew Ackerman, highlighting a significant milestone for the crypto exchange as it gains direct access to the U.S. central bank payment infrastructure.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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