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

The US Federal Reserve has issued a limited-use master account to Kraken, marking a major pro-crypto shift in policy.

Recent events at the US Federal Reserve signal acceptance of digital assets at the highest levels of the country’s monetary system. 

Kraken recently became the first crypto exchange to receive a master account at the Federal Reserve.

The Fed could also see a new crypto-friendly chair. US President Donald Trump on Wednesday submitted a pro-Bitcoin candidate for the Senate’s consideration.

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