Kraken Becomes First Crypto Firm to Win Access to Fed’s Core Payments System [WSJ]While Kraken isn’t getting the full range of services that banks enjoy with the Fed—such as payment of interest on reserves held at the central bank—the approval marks a major win for the crypto industry, which for years had been rebuffed in its efforts to tap in to the Fed system.Crypto exchange OKX valuation hits $25 billion after NYSE parent invests [Reuters]The investment, which values OKX well above recent ma...
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