Kraken Becomes First Crypto Bank to Secure Federal Reserve Master Account

Kraken Becomes First Crypto Bank to Secure Federal Reserve Master Account

Kraken Financial has become the first crypto-focused financial institution in U.S. history to secure a Federal Reserve master account, granting it direct access to the central bank’s core payment systems, including Fedwire, a major interbank payment network that processes trillions of dollars in transfers each day. The approval announced on March 4, 2026, by the … Read more