Kraken Financial granted Tier 3 Fed master account by KC Fed

What was approved: limited Federal Reserve master account with Fedwire access Kraken Financial, the Wyoming-chartered bank affiliated with Kraken, has been cleared for a limited Federal Reserve master account. The approval grants direct access to the Fed’s core payment system, including Fedwire funds transfer. Under the Federal Reserve’s risk-based Account Access Guidelines, the access is source: https://coincu.com/news/kraken-financial-granted-tier-3-fed-master-account-by-kc-fed/