# Banks Panic as Kraken Hits the Fed | Trump Was Right

Page: https://stenobird.com/podcast/on-the-chain-blockchain-and-cryptocurrency-news-opinion-628887/banks-panic-as-kraken-hits-the-fed-trump-was-right
Text version: https://stenobird.com/podcast/on-the-chain-blockchain-and-cryptocurrency-news-opinion-628887/banks-panic-as-kraken-hits-the-fed-trump-was-right.md
Podcast: [On The Chain - Blockchain and Cryptocurrency News + Opinion](https://stenobird.com/podcast/on-the-chain-blockchain-and-cryptocurrency-news-opinion-628887)
Published: 2026-03-05T02:29:01+00:00
Episode link: https://pod.co/on-the-chain/banks-panic-as-kraken-hits-the-fed-trump-was-right
Audio file: https://downloads.pod.co/b3a5eef4-992e-4755-a874-5eb801a66c42/c094f741-2845-42b1-bc8e-cd718dc879dd.mp3
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JSON: https://stenobird.com/v1/public/podcasts/on-the-chain-blockchain-and-cryptocurrency-news-opinion-628887/episodes/banks-panic-as-kraken-hits-the-fed-trump-was-right
Duration seconds: 4944

## Resource

Banks Panic as Kraken Hits the Fed | Trump Was Right Banks may be starting to panic as cryptocurrency moves closer than ever to the core of the U.S. financial system. Kraken has taken a historic step toward direct interaction with Federal Reserve infrastructure, marking a potential turning point in the relationship between crypto companies and traditional banks. For years, the banking establishment argued that crypto would never be integrated into the financial system. But today, digital asset firms are gaining access to the same financial rails that banks have long controlled. Is this the beginning of a new financial era? In this episode of On The Chain, Jeff and Chip break down: • Why banks are suddenly nervous about crypto • What Kraken interacting with the Fed could mean for the financial system • How digital assets are reshaping global finance • Why Trump’s warnings about the banking system are being revisited Crypto, banking, and politics are colliding in a way we haven’t seen before — and the consequences could reshape the global financial system. SUPPORT ON THE CHAIN GRAB A BADASS YETIS COFFEE – Fuel your crypto grind! ☕ Visit: badasserycoffee.com MINT YOUR BADASS YETIS NFT – Own a piece of the legend! Visit: otc.one/mint OTC MERCH IS HERE! – Represent the community in style! Visit: onthechain.shop BUY US A COFFEE – Help keep the content flowing! Visit: otc.one/buy-us-a-coffee JOIN THE CHANNEL – Get exclusive perks & behind-the-scenes content! Visit: otc.one/join ON THE CHAIN – CONNECT WITH US! Listen to the OTC Podcast – Never miss an update! Visit: otc.one/podcast Visit Our Website – The home of crypto insights! Visit: onthechain.io Follow OTC on X – Stay updated in real time! Visit: otc.one/x ⚠️ DISCLAIMER This content is for informational and entertainm…

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