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DailynewsfromaolfMar 5, 2026Newsletter

Kraken becomes first crypto company to secure Fed master account access

Senator Lummis praised the Fed's approval as a watershed moment for the 21st-century financial services industry.

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Kraken becomes first crypto company to secure Fed master account access
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tl;dr

Kraken Financial has reportedly become the first crypto-native firm to secure a Federal Reserve master account, granting direct access to payment systems like Fedwire. The move is hailed by Wyoming officials as a validation of state digital asset laws.

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Cynthia M. LummisR-Wyoming
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15 votes · rated by people, not pundits

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