The decision means the industry is a step closer to becoming integrated into the mainstream financial system.

The crypto industry keeps knocking down the barriers into the core U.S. financial system, and digital assets exchange Kraken's approval for a limited Federal Reserve account marked another such ...

The Federal Reserve can lawfully turn away crypto banks seeking access to its payment system, a federal appeals court ruled Friday, siding with the central bank’s discretion to protect the financial ...

The government and the crypto firms are moving closer towards banking regulations. The U.S. Federal Reserve is moving forward with a proposal to create a streamlined version of its master accounts.

March 4 (Reuters) - Cryptocurrency exchange Kraken's banking unit has gained access to the Federal Reserve's payments system through a limited-purpose account, the first U.S. digital-asset bank to do ...

The Federal Reserve is seeking public feedback on a new “payment account” that could give fintechs and crypto companies easier access to the central bank’s systems. The US Federal Reserve is seeking ...

The Federal Reserve Board requested public comment on a so-called "payment account" that financial institutions would use solely for clearing and settling their payments, the central bank said on ...