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Home/Briefs/cryptocurrency

BriefApril 18, 2026 · 02:27 AM

Kraken's Fed Master Account Reduces Dollar Settlement Intermediaries

Investors will see faster transactions and greater predictability in movements. This result comes from Kraken's approval to operate with a master account at the Federal Reserve, granting the company access to the central bank's payment rails. The process shortens the path of operations in dollars, allowing for more direct settlements and less dependence on banking intermediaries. Access is partial and does not include traditional Fed instruments.

Phoenix Winslow

cryptocurrencycentral bankingfinancial infrastructure

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