Cryptocurrency regulation escalates again! Waters questions Kraken account, Federal Reserve approval faces scrutiny
Congresswoman Waters challenges the Kansas City Federal Reserve: approving Kraken to use federal payment services, but fails to provide legal support for "limited purpose accounts."
On one side, cryptocurrency institutions are eager to access the central bank system, while on the other, lawmakers question compliance. Coupled with the collective opposition from traditional banks, the Federal Reserve's "streamlined" main account framework has not yet been implemented and is already mired in controversy. # Cryptocurrency regulatory game
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