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Wed, Sep 16, 2020 9:18 PM by Coin Geek

Kraken becomes world’s first digital asset bank

Kraken has just been approved by the state of Wyoming to form the world’s first Special Purpose Depository Institution (SPDI) and was granted a charter to Wyoming’s newest state-chartered bank, “Kraken Financial.”  An SPDI is similar to a custody bank; it primarily focuses on storing assets, fiduciary management, and conducting a variety of transactions. In [...] Read More... The post Kraken becomes world’s first digital asset bank appeared first on CoinGeek.

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