Kraken Cracks the Fed: Crypto's First Master Account Opens the Door

Mar 4, 2026

• Kraken became the first crypto-native firm to secure a Federal Reserve master account, granting direct access to the Fed Wire system without intermediary banks
• The approval bypasses Caitlyn Long's Custodia Bank, which has spent years seeking the same access while offering 108-110% reserve backing—substantially safer than traditional banking requirements
• Indiana joined a wave of state-level adoption by signing legislation allowing Bitcoin investments in public employee retirement plans by July 2027

Trump's Fed Nominee: Rate Cuts and Market Impact

Feb 4, 2026

• Kevin Walsh’s appointment as Fed chair raises questions about rate cuts and market stability.
• His hawkish stance on shrinking the Fed's balance sheet could impact risk markets.
• Historical criticism of QE suggests markets may not react as expected.