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.

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In addition to the US central bank giving accounts to crypto exchanges, the bank itself could soon be led by a pro-crypto economist. On Wednesday, Trump sent the nomination of Kevin Warsh, a Shepard ...

The approval boosts the profile of privately owned Kraken, which last year confidentially filed for an initial public offering. The debut would expand crypto's presence on major exchanges, joining the ...

Bank Policy Institute (BPI) regulatory affairs co-head Paige Pidano Paridon also expressed concern over the latest Fed approval to Kraken Financial.

Kraken becomes the first crypto firm with a Fed master account, raising questions about Ripple’s chances of similar access.