Kraken's Federal Reserve Master Account Still Not Operational Despite Historic Approval

Despite being approved by the Federal Reserve for a master account in March, Kraken Financial has yet to activate it more than four months later. The Wyoming-chartered crypto firm is still working on operationalizing the account and expanding its deposit products.

By Lockridge Okoth Mon, July 20, 2026 at 12:48 AM GMT+3 4 min read · Yahoo Finance ·

Kraken's Federal Reserve Master Account Still Not Operational Despite Historic Approval

Topics: banking regulation crypto fed master account

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