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U.S. House Representative Expresses Concern Over Kraken's FRB Account Approval

2026/03/29 20:18
CoinPost
Written by A.Yamada
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U.S. House Representative Expresses Concern Over Kraken's FRB Account Approval

Concerns Over 'Limited Purpose Account' Approval

Concerns Over 'Limited Purpose Account' Approval

On the 26th, U.S. Representative Maxine Waters (Democrat) voiced concerns regarding the Federal Reserve Bank of Kansas City's decision to grant cryptocurrency exchange Kraken access to the Federal Reserve's payment services. She has submitted a letter to the bank in response.

This action follows the Kansas City Federal Reserve's recent approval of a 'limited purpose account' for Kraken.

The 'limited purpose account' is designed...

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Iolite Vol.19

Iolite Vol.19

May 2026 issueReleased on 2026/03/30

Interview Iolite FACE vol.19 Yuichiro Tamaki, Leader of the Democratic Party for the People PHOTO & INTERVIEW by Hasen Kuniyama Special Features: “Web3.0 The Impact Award 2026” “Global Money Loses Its Master” “The Current State of Robotics Technology” [Dialogue Series] The NISHI Talk: Crypto Conversations “The Changing Crypto Landscape, and the Unchanging Strategies of Traders” Kasou NISHI × European] Series: Tech and Future by Toshinao Sasaki, and more

MAGAZINE

Iolite Vol.19

May 2026 issueReleased on 2026/03/30
Interview Iolite FACE vol.19 Yuichiro Tamaki, Leader of the Democratic Party for the People PHOTO & INTERVIEW by Hasen Kuniyama Special Features: “Web3.0 The Impact Award 2026” “Global Money Loses Its Master” “The Current State of Robotics Technology” [Dialogue Series] The NISHI Talk: Crypto Conversations “The Changing Crypto Landscape, and the Unchanging Strategies of Traders” Kasou NISHI × European] Series: Tech and Future by Toshinao Sasaki, and more