Tag: Reserve

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Kraken’s Banking Arm Secures Federal Reserve Master Account

Kraken Financial received a limited purpose Fed master account, marking a notable milestone for crypto-TradFi integration.Kraken Financial, the banking arm of U.S. centralized exchange...

Banking lobby decries Kraken bagging ‘skinny’ Federal Reserve account – DL News

Kraken has been granted a master account with the Fed.It is seen as a milestone for the once beleaguered crypto industry.Yet, the banking lobby...

Kraken Bank Secures Federal Reserve Master Account, Marking Historic Crypto Entry Into US Payment Rails

Kraken Financial gained direct access to the Federal Reserve’s payment system, with the Fed confirming approval while imposing initial restrictions, marking a bullish step...

Kraken Secures Federal Reserve Master Account

US cryptocurrency exchange Kraken’s banking unit has been granted a limited-purpose master account by the US Federal Reserve Bank of Kansas City, giving it...

Tether taps Deloitte for first USAT reserve report

Leading stablecoin issuer Tether has secured a sign-off from Deloitte for the first reserve report tied to its new U.S.-regulated stablecoin, after years struggling...

Anchorage Digital and Tether Release First USAT Stablecoin Reserve Report

Anchorage Digital Bank and Tether’s U.S.-focused stablecoin venture released their first reserve report this week, showing the stablecoin token USAT fully backed by dollar-denominated...

Tether, Anchorage Tap Deloitte for First USAT Stablecoin Reserve Report

In brief Deloitte penned USAT’s first attestation report on behalf of issuer Anchorage Digital. The Big Four accounting firm began working for Circle in 2023. Tether signaled...

War With Iran May Spark Federal Reserve Intervention, Arthur Hayes Says

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Iran and the Middle East are on fire again. US and Israeli...

Bitcoin Treasury Shake-Up: GD Culture Approved to Sell Entire 7,500 BTC Reserve

It appears another digital asset treasury (DAT) outfit is waving the white flag, as GD Culture Group Limited disclosed on Wednesday that its board...

Missouri Advances Bill to Establish State Bitcoin Strategic Reserve

A draft legislation proposing the creation of a bitcoin strategic reserve fund has been referred to the House Commerce Committee following the failure of...

Arizona Senate Advances Bill to Create Digital Assets Reserve Fund

In brief Arizona’s Senate Finance Committee passed SB 1649 in a 4–2–1 vote on February 16, sending it to the Senate Rules Committee, which cleared...

Missouri Advances Strategic Reserve Bill

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Missouri lawmakers moved a step closer to letting the state hold Bitcoin...