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Kraken Cracked the Fed's Vault. It Still Can't Spend

Crypto & Finance · 2026-07-22T18:55:19.000Z

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/