Kraken Financial approved for limited-purpose Federal Reserve account
Kraken Financial issued Limited-purpose Federal Reserve account approval affecting Federal Reserve Bank of Kansas City on March 1, 2026.
- Primary
- Kraken Financial
- Counterparty
- Federal Reserve Bank of Kansas City
- Structure
- Limited-purpose Federal Reserve account approval
- Date
- March 1, 2026
- Sub-sector
- Crypto / Digital Assets
First crypto-focused Tier 3 institution approved for Fed account access; operationalization pending technical certification and phased service approvals.
Source: pymnts.com