Access to the Federal Reserve’s payment system has long been a dream for cryptocurrency firms, including Custodia Bank, which has sued the central bank in pursuit of access.

Kraken Financial's receipt of a limited Federal Reserve master account is leading some industry observers to question whether ...

(Reuters) -Crypto giant Ripple supports the idea of a "skinny" Federal Reserve payments account for non-banks, which could still be a game changer while addressing banks' concerns over financial ...

Just days after the Federal Reserve granted a limited master account to Kraken, crypto bank Custodia's years-long court ...

On October 21, 2025, Governor Christopher J. Waller of the Board of Governors of the Federal Reserve System (the “Federal Reserve”) delivered opening remarks at the inaugural Payments Innovation ...

The banking unit of crypto exchange Kraken has secured approval for a Federal Reserve “master account,” giving it access to the Fed’s core payment systems. According to a report in the Wall Street ...

Kraken, a popular crypto trading firm in the U.S., announced on March 4 that the Federal Reserve Bank of Kansas City has approved the master account request of Kraken Financial. The approval makes ...

US bankers are raising alarms after the Federal Reserve granted Kraken Financial a master account, a decision that allows the crypto exchange’s banking arm to connect directly to the central bank’s ...

A US federal court has rejected Custodia Bank’s final attempt to challenge the Federal Reserve’s authority over granting master accounts — effectively ending the crypto-focused bank’s five-year-long ...

In a first for crypto, Kraken’s banking unit gained access to the US Federal Reserve’s payment system, Fedwire, though without full banking privileges such as interest on reserves. US cryptocurrency ...