Kraken Becomes First Digital Asset Bank to Receive a Federal Reserve Master Account

Weekly Voice editorial staff
0 Min Read

CHEYENNE, Wyo.–(BUSINESS WIRE)–Payward, a unified financial infrastructure platform powering Kraken, today announced that Kraken Financial, its Wyoming-chartered bank, has been granted a Federal Reserve master account. The approval makes Kraken Financial the first digital asset bank in U.S. history to gain direct access to the Federal Reserve’s payment infrastructure. The decision marks a major milestone and underscores years of sustained regulatory engagement, operational rigor, and close co

- Advertisement -
Share This Article