Access to the Federal Reserve’s payment system has long been a dream for cryptocurrency firms, including Custodia Bank, which ...

A US federal court has rejected Custodia Bank’s final attempt to challenge the Federal Reserve’s authority over granting master accounts — effectively ending the crypto-focused bank’s five-year-long ...

Kraken Financial's receipt of a limited Federal Reserve master account is leading some industry observers to question whether ...

Just days after the Federal Reserve granted a limited master account to Kraken, crypto bank Custodia's years-long court battle with the Fed concludes in a loss.

Custodia Bank's Federal Reserve master account appeal rejected 7-3 by federal court, while Kraken becomes first crypto firm with limited Fed access.

The banking branch of the crypto exchange, set to IPO soon, will no longer need to rely on intermediary banks.

The approval lets Kraken speed up deposits and withdrawals for large traders and institutional clients, but is limited.

Setting aside the benefits that will accrue directly to Kraken as this access become operationalized, it is worth pointing out that 1) other digital asset firms now have a roadmap in order to pursue ...

A US appeals court refused to hear Custodia Bank’s final appeal, ending its five-year fight for a Federal Reserve master account.

Kraken Financial makes history as the first crypto company approved for a Federal Reserve master account, gaining direct ...

Traditional banks warn the Fed's decision to grant Kraken a limited-purpose master account introduces systemic risks before ...