The Kraken CryptoBank's cryptology exchange has taken the opportunity to establish a special deposit facility at Kraken Financial.
The first crypto bank in the world to be able to pay for its cryptovoltaic functions, to withdraw wages, and to include them in its investment and trading portfolios. The same customers can easily transfer small amounts of digital assets and national currencies.
The U.S. may be the only country in the world with a crypto bank service, but the company is also planning to expand its operations to other countries.
“We are delighted to be working in the powers that see our philosophies and values. Wyoming is a rare and colorful application of how well-thought-out regulation can stimulate innovation in the fintech companies,” said David Kinicki, CEO of Kraken Financial.
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