Banking Groups Slam Crypto Bank Kraken’s Fed Approval as Improper, Dangerous

Decrypt
by Sander Lutz
March 4, 2026
Banking Groups Slam Crypto Bank Kraken’s Fed Approval as Improper, Dangerous
Kraken became the first crypto bank to receive a Fed master account on Wednesday. The banking industry is not pleased.
Verticals
cryptoweb3
Originally published on Decrypt on 3/4/2026