🚨BREAKING: Democratic lawmakers are demanding answers from the Kansas City Fed over Kraken’s approval for a master account.
Kraken has become the first crypto exchange to gain access to the Federal Reserve’s payment system via a "limited-purpose account."
Meanwhile, Custodia Bank spent five years pursuing the same access—and was rejected this week in a 7-3 court decision.
Rep. Waters has warned the KC Fed: “Explain how a crypto exchange was approved faster than a chartered bank?”
She’s requiring a written response by April 10.
#CryptoRegulation #FederalReserve #Kraken #CustodiaBank
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Kraken has become the first crypto exchange to gain access to the Federal Reserve’s payment system via a "limited-purpose account."
Meanwhile, Custodia Bank spent five years pursuing the same access—and was rejected this week in a 7-3 court decision.
Rep. Waters has warned the KC Fed: “Explain how a crypto exchange was approved faster than a chartered bank?”
She’s requiring a written response by April 10.
#CryptoRegulation #FederalReserve #Kraken #CustodiaBank
Crypto Rant
CNN reports: "U.S. military officials are voicing serious concerns about the risk of significant American troop casualties in the event of a ground invasion of Iran."
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Crypto Rant
IRAN STATES IT WOULDN'T MATTER IF AMERICA DESTROYED EVERY INCH OF ITS LAND
AS LONG AS ISLAM PERSISTS, THAT’S ALL THAT COUNTS
Crypto Rant
AS LONG AS ISLAM PERSISTS, THAT’S ALL THAT COUNTS
Crypto Rant
Australia’s Federal Court has slapped #Binance Australia Derivatives with a A$10 million ($6.9 million) penalty over flaws in its customer onboarding. The ruling revealed that more than 85% of users were wrongly categorized as wholesale clients, allowing retail investors to access high-risk derivatives without proper safeguards.
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Crypto Rant
IRAN'S IRGC: All shipping "to and from the ports of allies and supporters of the Israeli-American enemies" is now banned, regardless of route or destination — according to Iranian media
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Crypto Rant
As mentioned before — Iran is poised to become a crucial player in global liquidity markets, especially for #crypto.
That moment is drawing near — fast.
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That moment is drawing near — fast.
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Vietnam has launched a wide-ranging criminal investigation and detained several suspects accused of fraud and market manipulation linked to the ONUS ecosystem, including VNDC, ONUS, and HNG.
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Crypto Rant
🪙 An early Bitcoin whale who bought 5,000 BTC in 2013 at $332 per coin is still gradually selling.
Recently, the whale moved 4,000 BTC to Binance, locking in a profit of roughly $363 million. About 1,000 BTC remains in the original wallet.
Crypto Rant
Recently, the whale moved 4,000 BTC to Binance, locking in a profit of roughly $363 million. About 1,000 BTC remains in the original wallet.
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Intercontinental Exchange, the parent company of the NYSE, injects another $600M into Polymarket: BBG
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Crypto Rant
Media is too big
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⚠️ BREAKING: 🇺🇸 CFTC Chair Rostin Behnam says crypto, AI, and prediction markets are transformative forces—regulation should support innovation and create jobs. Learn more #CryptoRegulation #AIInnovation #PredictionMarkets
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Crypto Rant
HORMUZ CLOSURE DRIVES TANKER RATES TO RECORD LEVELS
Freight rates for very large crude carriers (VLCCs) shipping oil from the Middle East to Asia have skyrocketed to unprecedented highs following the shutdown of the Strait of Hormuz, the EIA reports.
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Freight rates for very large crude carriers (VLCCs) shipping oil from the Middle East to Asia have skyrocketed to unprecedented highs following the shutdown of the Strait of Hormuz, the EIA reports.
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⚠️⚠️ BREAKING: U.S. and Israeli forces have launched coordinated strikes on Iran’s Khondab facility at the Arak nuclear site. 🇺🇸🇮🇱🇮🇷
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Crypto Rant
⚠️⚠️ BREAKING: 🇮🇷🇺🇸🇮🇱 Iran’s Revolutionary Guard (IRGC) has issued a warning to regional industries tied to the U.S. and aligned with Israel, urging immediate evacuation
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Crypto Rant
⚠️⚠️ BREAKING: 🇺🇸🇮🇷 U.S. Secretary of State Rubio says the standoff with Iran could last another 2–4 weeks.
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Crypto Rant
Sony is raising prices on its PlayStation 5 lineup worldwide starting April 2.
The standard PS5 will now cost $649.99, a notable jump from its original launch price of $499.99. The PS5 Pro will see its price adjusted to $899.99.
The company points to ongoing economic challenges—such as inflation, tariffs, and increasing component costs—as the driving factors behind the change.
Crypto Rant
The standard PS5 will now cost $649.99, a notable jump from its original launch price of $499.99. The PS5 Pro will see its price adjusted to $899.99.
The company points to ongoing economic challenges—such as inflation, tariffs, and increasing component costs—as the driving factors behind the change.
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⚠️⚠️ JUST IN: 🇺🇸🇮🇷 The U.S. has notified its allies it currently has no plans to invade Iran
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Crypto Rant