Weekend Round-Up: Crypto Exchange Gets Fed Approval, Ethereum Outperforms S&P 500 And More

This week in the world of cryptocurrency was nothing short of eventful. From a crypto exchange gaining unprecedented access to Federal Reserve services to Ethereum outperforming the S&P 500 during wartime, the crypto market has been buzzing with activity. Here’s a quick recap of the top stories that made headlines.

Maxine Waters Questions Fed’s Approval Of Crypto Exchange

Rep. Maxine Waters (D-Calif.) has sought further clarification on the decision to grant cryptocurrency exchange Kraken access to Federal Reserve services. This approval, a first in U.S. history for a cryptocurrency company, gives Kraken direct access to Fedwire, a core payment infrastructure used by thousands of U.S. banks and credit unions.

Read the full article here.

Tom Lee Advocates For Crypto Over Gold

Tom Lee, who chairs Bitmine Immersion Technologies and serves as …

Full story available on Benzinga.com