Kraken’s surprise Fed win may harken onslaught of crypto firms with narrow Fed access
The Kansas City Fed may term this “Tier 3” access, but Kraken’s entry into the vaunted Fed payments system has riled bankers and raised crypto hopes.
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Kraken
The Kansas City Fed may term this “Tier 3” access, but Kraken’s entry into the vaunted Fed payments system has riled bankers and raised crypto hopes.
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Ripple and Kraken executives said at Consensus 2025 that stablecoin adoption is at a tipping point to become an integral part of the global payment system.
The first contracts, EUR/USD and GBP/USD, are now live on Kraken Pro.
Former Kraken executives led by Joseph Onorati took over the real estate-focused fintech company aiming to become the first U.S.-listed firm with treasury strategy centered on Solana.
Kraken announced it will offer free Interac e-Transfer deposits for Canadian users to reduce friction for newcomers to the platform.
Kraken called the SEC’s decision to drop the case a “turning point for the future of crypto in the U.S.” in a Monday blog post
A California judge has rejected Kraken’s motion for interlocutory appeal, saying in a Monday decision that allowing an appeal would only “delay resolution” of the U.S. Securities and Exchange Commission’s (SEC) ongoing case against the crypto exchange.
The issuance comes at a time when the European stablecoin market is poised for a shake-up as regulations for issuers will enter into full force by the end of this year.