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Banks Seek To Block Kraken’s Fed Approval, Label Crypto A ‘Potential Risk’

By Ronaldo Marquez at 2026-03-07 22:16

Sentiment: Positive

The Federal Reserve’s (Fed) decision this Wednesday to grant its first-ever master account to a crypto-focused institution has triggered swift opposition from major banking groups, intensifying tensions between traditional finance and the digital asset sector at a pivotal moment for US crypto legislation. Opposition From US Banking Groups Kraken Financial, the Wyoming-chartered banking arm of […] Continue reading...

Categories: Crypto News

Tags: #Crypto News #CLARITY Act #crypto #crypto market structure bill #crypto news #crypto regulation #cryptocurrencies #Cryptocurrency #Donald Trump crypto #Fed crypto #Kraken #Kraken Fed Master Account #Kraken news #Trump

Source Bitcoinist