Kraken Unveils Qualified Custody for Institutions in Crypto-Friendly Wyoming

2024-3-21 16:30

Kraken Institutional operates under the exchange’s state-chartered banking license in Wyoming, attained back in 2020.

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wyoming kraken state-chartered exchange banking 2020 back

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The first of its kind: Kraken crypto exchange just became a US bank

Yesterday, September 16th, was a big day for the cryptocurrency industry, as a cryptocurrency exchange Kraken, became the first crypto business to become a recognized US bank. The move was brought by the Wyoming Banking Board, which approved the exchange’s application for SPDI (Special Purpose Depository Institution) charter through a vote.

2020-9-18 12:20