US Lawmaker Questions Fed’s Approval of Kraken Access to Payment Rails
Waters sent a letter to the Kansas City Fed questioning the legal basis for Kraken's account access.
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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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MWMaxine WatersD-California-43
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