Search ForexCrunch

According to an official announcement, Kraken, the US-based cryptocurrency exchange has just obtained approval to create America’s first crypto bank. 

The tweet was re-tweeted by Kraken’s official account and states that Wyoming’s Banking Board concluded its vote and it was unanimous in favor of Kraken. While Kraken is the first exchange to be granted the approval, others are already waiting in line. The next applicant for Wyoming SPDI is AvantiBT.