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How the Financial Sector Views Kraken's ‘We're the Bankers Now' Claim
PYMNTS.com· 2026-03-09 21:02
Regulators view it as a test case, assessing whether crypto firms can safely operate within the U.S. payments system and regulatory framework.Banks warn of uneven regulation, arguing crypto institutions could gain Fed infrastructure benefits without the same capital, insurance and oversight requirements.The financial industry in the United States rests in part on an architecture of trust and institutional legitimacy.By completing this form, you agree to receive marketing communications from PYMNTS and to th ...