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Top Democrat on House committee questions Kraken's Federal Reserve account

Summary by Coin Desk
Maxine Waters, who would likely take the House Financial Services Committee gavel again if Democrats win the House, sent a letter to the Kansas City Fed.

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Coin DeskCoin Desk
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Top Democrat on House committee questions Kraken's Federal Reserve account

Maxine Waters, who would likely take the House Financial Services Committee gavel again if Democrats win the House, sent a letter to the Kansas City Fed.

·Manila, Philippines (the)
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Cryptocurrency News | Cryptocurrency Prices | Market CapCryptocurrency News | Cryptocurrency Prices | Market Cap

US lawmaker presses Kansas Fed over Kraken master account approval

Kraken's Wyoming-chartered banking unit became the first crypto-native company to secure a Federal Reserve Master Account in March.

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CointelegraphCointelegraph

US Lawmaker Wants Answers About Kraken’s Fed Master Account Approval

US lawmaker Maxine Waters is demanding answers and transparency from the Kansas City Fed after Kraken was granted access to a Federal Reserve master account in March.

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DiarioBitcoinDiarioBitcoin

Maxine Waters Questions the Federal Reserve Account Granted to Kraken

Representative Maxine Waters opened a new pressure front on Kraken and the Kansas City Federal Reserve, after questioning the legal basis and consumer implications of the limited account that made the exchange the first crypto firm with direct access to the Fed's payment services. *** Maxine Waters sent a letter to the chairman of the Kansas City Federal Reserve to ask for clarifications about Kraken's limited account. The legislator argued that…

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Coin Desk broke the news in Manila, Philippines (the) on Thursday, March 26, 2026.
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