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Fedwire

Federal Reserve building representing Kraken master account approval and financial stability concerns

Kraken Fed Account Approval Draws Financial Stability Scrutiny

4 hours ago by Alexander Covtun

WASHINGTON, April 10, 2026 — Approval of a Federal Reserve master account for Kraken has drawn scrutiny from lawmakers and banking sector participants over transparency and potential risks to the U.S. financial system, according to Reuters.

Tags Crypto regulation, Federal Reserve, Fedwire, Financial Stability, Kraken

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