Can Four Years Save Humanity from AI Runaway? Vitalik Debates E/acc Founder on the Cost of Technological Acceleration | Bee Network
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Original Compilation: Chopper, Foresight News Kraken has crossed a regulatory hurdle that has existed in the crypto industry for years: direct access to the Federal Reserve’s core payment infrastructure. On March 4th, Kraken announced that its Wyoming-chartered bank, Kraken Financial, has been granted a Federal Reserve master account. This means it can directly settle U.S. dollars through the Federal Reserve system, no longer needing to rely on intermediary partner banks. The Federal Reserve confirmed that this crypto company’s bank was approved as a Type III institution, permitted to open a limited-purpose account with an initial term of one year. This approval provides the entire crypto asset industry with a tangible, real-world example of how crypto companies can gain more direct access to the U.S. payment system. This milestone also coincides…# Analysis# crypto# ethereum# Exchange# ToolPre
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