Kraken Gets a Federal Reserve Master Account
. AI-Generated.
The cryptocurrency industry may have just crossed one of its most important milestones. A major development involving Kraken and the US Federal Reserve system suggests that digital asset companies are beginning to integrate directly with the core infrastructure of traditional finance. For years, crypto exchanges depended heavily on commercial banks to move fiat money. This development signals a possible shift toward direct access to the financial plumbing that powers the global dollar system.
