Kraken Cracked the Fed's Vault. It Still Can't Spend
In March, the Federal Reserve Bank of Kansas City approved a limited-purpose account for Payward Financial, which operates as Kraken Financial. The

In March, the Federal Reserve Bank of Kansas City approved a limited-purpose account for Payward Financial, which operates as Kraken Financial. The
Source: https://www.pymnts.com/cryptocurrency/2026/kraken-cracked-the-feds-vault-it-still-cant-spend/