US Lawmaker Questions Fed’s Approval of Kraken Access to Payment Rails
Schmid, as Kansas City Fed President, approved Kraken's account and received Waters' inquiry regarding the decision.
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tl;dr
Representative Maxine Waters is challenging the Federal Reserve Bank of Kansas City's decision to grant crypto exchange Kraken access to the U.S. payment system, citing concerns about legal authority, transparency, and regulatory risk.
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SSStephanie Schmid?-New Jersey
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