Kraken Crypto Exchange Is Now a US Bank

Name: Kraken Crypto Exchange Is Now a US Bank
Uploaded: 2020-12-11T08:28:41Z
Duration: 3 min 224 s
Description: The Wyoming Banking Board approved crypto exchange Kraken’s application for a bank charter.

Dec 11, 2020

The Wyoming Banking Board approved crypto exchange Kraken’s application for a bank charter.

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The Wyoming Banking Board approved crypto exchange Kraken’s application for a bank charter. Kraken now has a regulatory passport across several states and the ability to offer custody, payments and banking services to both institutional and retail clients. CoinDesk’s Nathan DiCamillo speaks with Kraken Financial CEO David Kinitsky on the significance of this move and what it means for the industry.

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