# Jeff Schmid

Type: Person

Source: Legal & RegTech Intelligence Brief — https://getlegalbrief.com/entity/jeff-schmid
Canonical HTML page: https://getlegalbrief.com/entity/jeff-schmid

## Recent coverage (1 stories)

### Kraken Financial Secures Historic Fed Master Account for Crypto Banking
2026-03-05 00:34:26 · Sentiment: Positive · Impact: 8/10 · Sources: 2

The Federal Reserve Bank of Kansas City has granted Kraken Financial direct access to the Fedwire payment system, marking the first time a cryptocurrency-native institution has bypassed traditional intermediary banks. This milestone provides Kraken with a limited master account, signaling a significant shift in the regulatory landscape for digital asset integration within the U.S. financial core.
Full story: https://getlegalbrief.com/story/kraken-financial-fed-master-account-access

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