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BenzingaMar 5, 2026Trade Press

'Bitcoin Senator' Lummis Touts Kraken's Fed Access As Progress, But Not Everyone Agrees

Senator Lummis praised Kraken's Federal Reserve access as a milestone for the crypto industry and criticized previous regulatory hurdles.

'Bitcoin Senator' Lummis Touts Kraken's Fed Access As
Progress, But Not Everyone Agrees
Mixed
tl;dr

Senator Cynthia Lummis praised Kraken's new access to the Federal Reserve's payment system as a victory for the crypto industry, while banking trade groups warned of regulatory risks and procedural bypasses.

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Cynthia M. LummisR-Wyoming
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