A new clash is brewing between lawmakers and the Federal Reserve. At the centre of the debate is Kraken’s recent acquisition of a limited-purpose master account, granting it access to the Fed’s payment infrastructure. This approval has created doubts about the organization’s transparent operations and its legal adherence to established standards. Lawmakers, including Maxine Waters, The post Why Kraken Got a Master Account While Banks Wait- Congresswoman Maxine Waters appeared first on CoinGape.

Read full article on COINGAPE