Why the First US Crypto Bank Is a Huge Deal
Kraken grew to turn into the first crypto swap to purchase a U.S. banking license this week. Right here’s why that issues.
This episode is subsidized by Crypto.com, Bitstamp and Nexo.io.
On this edition of The Breakdown weekly recap, NLW appears to be like to be to be like at:
- DEXetition – Uniswap’s fight with SushiSwap heats up because the passe dropped the UNI governance token in what some likened to a crypto stimulus take a look at
- The Fed has no garments – After yet every other FOMC meeting of “nothing recent,” the mirage of Federal Reserve omnipotence is fading
- TikTok and WeChat banned from U.S. app stores – Is it perfect a negotiating technique? Whatever the case, other folks aren’t glad
- Kraken turns into a financial institution – What it methodology now that Kraken has been licensed for a Wyoming Special Reason Depository Institution charter