Kraken Becomes First Digital Asset Bank to Receive Fed Master Account
“This milestone marks the convergence of crypto infrastructure and sovereign financial rails. With a Federal Reserve master account, we can operate not as a peripheral participant in the U.S. banking system, but as a directly connected financial institution,” Arjun Sethi, the co-CEO of Payward and Kraken, said in a written statement. Kraken is a Wyoming-chartered…
