⛓️ Crypto🟢 BullishImportance 7/10

Crypto turnaround at Fed as Kraken scores account and Trump nominee goes to Senate

CoinTelegraph|Cointelegraph by Aaron Wood|March 6, 2026 at 02:18 PM

Image via CoinTelegraph

🤖AI Summary

The US Federal Reserve has granted Kraken a limited-use master account, signaling a significant pro-crypto policy shift. This development coincides with Trump's crypto-friendly nominee advancing to Senate confirmation proceedings.

Key Takeaways

→Kraken receives limited-use master account from the Federal Reserve, marking a historic policy change.
→The Fed's approval represents a major turnaround in regulatory stance toward cryptocurrency exchanges.
→Trump's crypto-friendly nominee is proceeding to Senate confirmation hearings.
→This signals broader institutional acceptance of cryptocurrency in the traditional banking system.
→The master account will provide Kraken with direct access to Federal Reserve payment systems.

#federal-reserve #kraken #master-account #regulatory #trump #senate #crypto-policy #banking #institutional

Read Original →via CoinTelegraph

Act on this with AI

Stay ahead of the market.

Connect your wallet to an AI agent. It reads balances, proposes swaps and bridges across 15 chains — you keep full control of your keys.

Connect Wallet to AI →How it works

Crypto7h ago

Russia, Iran and North Korea send illicit crypto volumes to record $154bn

Sanctioned entities from Russia, Iran and North Korea drove illicit cryptocurrency volumes to a record $154 billion in 2025, with sanctioned entities representing the vast majority of illegal crypto activity according to Chainalysis data.

Crypto10h ago

Bitcoin faces renewed ETF outflows amid war-driven volatility as price slips back below $70,000

Bitcoin ETFs are experiencing renewed outflows as geopolitical tensions create market volatility, causing Bitcoin's price to fall back below $70,000. Analysts suggest the recent recovery above $70,000 remains fragile amid the challenging macroeconomic environment.

Crypto1d ago

Crypto Crime Hits Record $154 Billion as Sanctioned States Turn to Blockchain

Crypto crime reached a record $154 billion, with funds flowing to sanctioned entities surging 694% year-over-year. Sanctions evasion has become the fastest-growing category of cryptocurrency-related criminal activity.