{"id":996274,"date":"2026-03-05T07:19:31","date_gmt":"2026-03-05T01:49:31","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=996274"},"modified":"2026-03-05T07:26:45","modified_gmt":"2026-03-05T01:56:45","slug":"krakens-banking-arm-becomes-first-crypto-firm-to-secure-payments-account-with-fed","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/03\/05\/krakens-banking-arm-becomes-first-crypto-firm-to-secure-payments-account-with-fed\/","title":{"rendered":"Kraken&#8217;s banking arm becomes first crypto firm to secure payments account with Fed"},"content":{"rendered":"<p>Cryptocurrency exchange Kraken&#8217;s banking unit has gained access to the Federal Reserve&#8217;s payments system through a limited-purpose account, the first US digital-asset bank to do so as the sector deepens its reach into mainstream finance. <\/p>\n<p>Through its Fed master account, Kraken Financial can link directly to \u200ccore US \u2060payment \u2060systems such as Fedwire, avoiding intermediary banks and enabling faster, more efficient fiat transfers for \u200binstitutional clients, while reducing operational complexity and costs, the company said in a \u200bblog post on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency exchange Kraken&#8217;s banking unit has gained access to the Federal Reserve&#8217;s payments system through a limited-purpose account, the first US digital-asset bank to do so as the sector deepens its reach into mainstream finance. Through its Fed master account, Kraken Financial can link directly to \u200ccore US \u2060payment \u2060systems such as Fedwire, avoiding intermediary banks and enabling faster, more efficient fiat transfers for \u200binstitutional clients, while reducing operational complexity and costs, the company said in a \u200bblog post on Wednesday.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-996274","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/996274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=996274"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/996274\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=996274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=996274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=996274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}