This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Kraken was granted a master account Wednesday by the ...

US cryptocurrency exchange Kraken’s banking unit has been granted a limited-purpose master account by the US Federal Reserve Bank of Kansas City, giving it direct access to the Fed’s core payments ...

House Financial Services Committee ranking Democrat Rep. Maxine Waters sent a formal letter Thursday to Federal Reserve Bank of Kansas City President Jeff Schmid, demanding answers on why Kraken's ...

March 4 (Reuters) - 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 ...

The Federal Reserve Bank of Kansas City approved a limited-purpose account for Wyoming-based Payward Financial, which does business as Kraken Financial, making it the first crypto firm to get direct ...

The Federal Reserve has granted a crypto firm direct access to America's core payments systems for the first time.Olemedia/Getty Images The move scores a major victory for the crypto industry, ...

Kraken Financial, a Wyoming-based special-purpose depository institution operated by Payward Inc., has become the first digital bank to get a Federal Reserve master account. With the account, Kraken ...

While crypto exchange Kraken's (KRAKEN) Federal Reserve master account comes with limitations designed at reducing risks to the financial system, questions have been raised about the vulnerabilities ...

In a historic shift for the digital asset industry, Kraken Financial has become the first cryptocurrency-focused bank to gain direct access to the Federal Reserve’s payments system. The move allows ...