Blockchain and the Law

Tag Archives: Special Purpose Depository Institution

Kraken Becomes First Digital Asset Company to Receive U.S. Bank Charter

Kraken recently announced that it “is the first digital asset company in U.S. history to receive a bank charter recognized under federal and state law, and will be the first regulated, U.S. bank to provide comprehensive deposit-taking, custody and fiduciary services for digital assets.” Kraken obtained a charter from the State of Wyoming to operate … Continue Reading
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