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cryptoimprovement

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#CryptoImpactNews 🦑 Kraken secures access to the Fed’s core payment network Kraken has been granted direct entry into the U.S. Federal Reserve’s payment infrastructure. The crypto exchange now holds a master account with the Fed, enabling it to process transactions through the same system used by traditional banks. With this access, Kraken can settle payments without depending on intermediary banks, cutting down friction and enabling faster transfers. A significant milestone for the crypto industry. #CryptoImprovement
#CryptoImpactNews 🦑 Kraken secures access to the Fed’s core payment network
Kraken has been granted direct entry into the U.S. Federal Reserve’s payment infrastructure. The crypto exchange now holds a master account with the Fed, enabling it to process transactions through the same system used by traditional banks.
With this access, Kraken can settle payments without depending on intermediary banks, cutting down friction and enabling faster transfers.
A significant milestone for the crypto industry.
#CryptoImprovement
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