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Kraken Financial Receives Federal Reserve Master Account
Kraken Financial became the first digital asset bank to receive a Federal Reserve master account from the Kansas City Fed, granting direct access to Fedwire.
·MiningPool Staff
3 articles

Kraken Financial became the first digital asset bank to receive a Federal Reserve master account from the Kansas City Fed, granting direct access to Fedwire.

Ink, Kraken's Ethereum Layer 2 network built on Optimism's OP Stack, processed more than one million transactions within 24 hours of its mainnet going live on December 16.

Kraken agreed on February 9, 2023, to pay $30 million and cease its US staking-as-a-service program after the SEC alleged it constituted an unregistered securities offering.