The first official digital banking license was issued

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Cryptocurrencies have slowly begun to enter our lives in various ways. But there is still a lot of work to be done for the general public to accept them and be able to trust them in their daily transactions.
Despite the war we receive daily from governments and the world forum, slow and steady steps are being taken and they are beginning to understand that they cannot avoid it.
The State of Wyoming in the USA approved the application of Kraken, one of the first cryptocurrency exchanges, to create a Special Purpose Stocks Foundation (SPDI). In other words, the world's first official digital banking license was issued.
Kraken Financial, as it is called, will initially offer its services only in the US, but will soon operate globally. It will be able to do whatever any traditional bank does, with the difference that it will also offer custody services for cryptocurrencies.

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In its first year of operation, Kraken Financial hopes to offer the following services: Custody of digital assets, savings accounts, remittance and financing services. Over time, it will be extended to other services, such as having its customers have a debit card that will be powered by their deposit account in cryptocurrencies.

Posted Using LeoFinance



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