# Fedwire

Type: Technology

Source: Crypto Intelligence Brief — https://getcryptobrief.com/entity/fedwire
Canonical HTML page: https://getcryptobrief.com/entity/fedwire

## Timeline

- **2026-03-04**: Historic Approval — Federal Reserve Bank of Kansas City officially grants Kraken Financial direct access to Fedwire.
- **2021**: Regulatory Standoff — Prolonged legal and regulatory scrutiny over crypto firms' access to Fed master accounts.
- **2020-09-16**: Kraken Receives Charter — Kraken Financial becomes the first firm to receive an SPDI charter in Wyoming.
- **2019-01-01**: Wyoming SPDI Law — Wyoming passes legislation creating the Special Purpose Depository Institution (SPDI) framework.

## Recent coverage (1 stories)

### Kraken Financial Secures Historic Direct Access to Federal Reserve Payments
2026-03-05 00:35:34 · Sentiment: Bullish · Impact: 8/10 · Sources: 2

Kraken Financial has become the first cryptocurrency-native institution to gain direct access to the Federal Reserve's payment systems, specifically Fedwire. This landmark decision by the Federal Reserve Bank of Kansas City ends years of industry exclusion and allows for faster, more efficient settlement without intermediary banks.
Full story: https://getcryptobrief.com/story/kraken-financial-fedwire-access-historic-victory

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