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Bitcoin Exchange Kraken's Fed Master Account Stays Idle Four Months After Approval

COINOTAG·July 20, 2026·1 min read
Bitcoin Exchange Kraken's Fed Master Account Stays Idle Four Months After Approval

Kraken Financial's Federal Reserve master account remains inactive more than four months after approval, CEO Brian Mathena told Wyoming lawmakers. The account, which would allow direct access to the Fed, has not been switched on, leaving the crypto bank's operations idle.

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