Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, in a first for the crypto industry, Kraken’s banking unit gained access to the US Federal Reserve’s payment system, Fedwire, with a limited-access master account, US President Donald Trump lashed out at banks, urging them to cut a deal on a crypto bill, and US Commodity Futures Trading Commission (CFTC) Chair Michael Selig said the regulator will soon address how to handle crypto perpetual futures contracts.
US cryptocurrency exchange Kraken’s banking unit has been granted a limited-purpose master account by the US Federal Reserve Bank of Kansas City, giving it direct access to the Fed’s core payments system in a first for the crypto industry.
Kraken Financial, the exchange’s banking unit, has gained access to the Fed’s payment system, Fedwire, allowing it to move money on the same rails used by banks and credit unions, according to an announcement on Wednesday.
