Rep. Maxine Waters expanded her scrutiny of Kraken Financial’s access to Federal Reserve infrastructure by sending a March 26 letter to the Federal Reserve Bank of Kansas City. She asked the bank to respond by April 10 and explain why Kraken was granted a limited-purpose account that would allow the crypto exchange access to Federal Reserve payment services. The request adds a deadline and reinforces earlier questions about the basis for the approval, the compliance standards used, the limits on Kraken Financial’s access, and the safeguards, oversight, risk controls, AML measures, and consumer protection requirements tied to the account.