An outage at the Fed leaves multiple Bitcoin exchanges unable to settle

posted 8 months ago
An outage at the Federal Reserve is creating settlement issues for many financial institutions and exchanges. The Fed's service status page shows that most of its services are currently down, including its settlement network.

This is creating problems for a number of Bitcoin exchanges. Gemini, Kraken and Coinbase are all experiencing ACH and FedWire delays.
Tags: news, bitcoin