Banks Push Back on Kraken’s Fed Access as Trump Backs Crypto

The approval of Kraken’s access to the Federal Reserve’s core payments infrastructure has ignited a fierce response from the banking sector. In a statement on Wednesday, the Independent Community Bankers of America (ICBA) and the Bank Policy Institute (BPI) strongly opposed the Fed’s decision, arguing it posed a risk to the financial system’s stability. Banks The post Banks Respond to Kraken’s Federal Reserve Access as Trump Sides with Crypto appeared first on BeInCrypto.