Kraken Pauses IPO Due to Market Uncertainty: Report
Senator Cynthia Lummis praised the Federal Reserve's approval of a master account for Kraken as a 'watershed milestone' for digital assets.
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tl;dr
Kraken has reportedly suspended its $20 billion IPO plans due to market volatility, despite recently becoming the first crypto-native firm to secure a Federal Reserve master account.
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CMCynthia M. LummisR-Wyoming
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