Obviously had to be the same ~shitcoin casino~ respected company from whose bowels Chainalysis was spawned.

I'm giddy with delight that they'll be able to handle fiat rails more, better, harder, and with electrolytes.

unboiled

'Master account’ approval gives firm access to the same payment rail as thousands of banks and credit unions.

Crypto just took a big step closer to becoming integrated into the mainstream financial system.

Kraken told The Wall Street Journal that its banking unit has won access to the Federal Reserve’s core payment systems, making it the first crypto firm to be able to move money on the same rails used by thousands of banks and credit unions.

The approval of the so-called master account at the Fed will allow the unit, Kraken Financial, to handle transactions more quickly and seamlessly for big clients and professional traders, the company said.

news

**'Master account’ approval gives firm access to the same payment rail as thousands of banks and credit unions.**

Crypto just took a big step closer to becoming integrated into the mainstream financial system.
Kraken told The Wall Street Journal that its banking unit has won access to the Federal Reserve’s core payment systems, making it the first crypto firm to be able to move money on the same rails used by thousands of banks and credit unions. 
The approval of the so-called master account at the Fed will allow the unit, Kraken Financial, to handle transactions more quickly and seamlessly for big clients and professional traders, the company said.