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Cryptocurrency exchange Kraken stated that its banking division has gained access to the Federal Reserve’s core payment system, becoming the first crypto company capable of transferring funds via the same payment rails used by thousands of banks and credit unions.…

Cryptocurrency exchange Kraken stated that its banking division has gained access to the Federal Reserve’s core payment system, becoming the first crypto company capable of transferring funds via the same payment rails used by thousands of banks and credit unions.…
𝕏/@WuBlockchain •
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Fed's reliance on third-party data highlights stablecoin oversight gaps

Fed's reliance on third-party data highlights stablecoin oversight gaps

𝕏/@defillama ·

Kraken becomes first crypto firm to win a Federal Reserve master account, gaining direct access to Fedwire interbank payments

Kraken becomes first crypto firm to win a Federal Reserve master account, gaining direct access to Fedwire interbank payments

𝕏/@CoinDesk ·

Digital asset funds saw $454 million in weekly outflows, extending a four-day $1.3 billion withdrawal streak that nearly erased $1.5 billion in year-to-date inflows as expectations for a March Federal Reserve rate cut faded.

Digital asset funds saw $454 million in weekly outflows, extending a four-day $1.3 billion withdrawal streak that nearly erased $1.5 billion in year-to-date inflows as expectations for a March Federal Reserve rate cut faded.

𝕏/@cryptounfolded ·

A criminal investigation into Jerome H. Powell, Federal Reserve chair, has been opened by U.S. attorney’s office in the District of Columbia over the central bank’s renovation of its Washington headquarters and whether Mr. Powell lied to Congress about the scope of the project. Jerome H. Powell has posted this video in response

A criminal investigation into Jerome H. Powell, Federal Reserve chair, has been opened by U.S. attorney’s office in the District of Columbia over the central bank’s renovation of its Washington headquarters and whether Mr. Powell lied to Congress about the scope of the project. Jerome H. Powell has posted this video in response

𝕏/@federalreserve ·

The Federal Reserve has scrapped its 2023 crypto guidance, opening the door for both insured and uninsured state banks to engage in digital asset activities under supervision. The shift signals a softer regulatory stance as U.S. banking adapts to crypto innovation.

The Federal Reserve has scrapped its 2023 crypto guidance, opening the door for both insured and uninsured state banks to engage in digital asset activities under supervision. The shift signals a softer regulatory stance as U.S. banking adapts to crypto innovation.

crypto.news ·

Federal Reserve cuts rates to three-year low after fractious meeting. Three top US central bankers object to move in biggest revolt since 2019. The benchmark rate was cut by a quarter point to between 3.5 to 3.75 per cent as widely anticipated by Wall Street. It marked the third reduction in borrowing costs in a row.

Federal Reserve cuts rates to three-year low after fractious meeting. Three top US central bankers object to move in biggest revolt since 2019. The benchmark rate was cut by a quarter point to between 3.5 to 3.75 per cent as widely anticipated by Wall Street. It marked the third reduction in borrowing costs in a row.

Federal Reserve ·

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