Wyoming approves first bank charter for blockchain company
CHEYENNE – The Wyoming Banking Board has approved its first bank charter for a cryptocurrency company — part of the state’s effort to take a leadership role in blockchain technology.
The Wyoming Business Report said in a story Thursday that Kraken Financial has become the first blockchain company anywhere to operate as a depository institution with a bank charter.
SPONSORED CONTENT
Business Cares: May 2024
As Mental Health Awareness Month unfolds in Colorado, it serves as a reminder of the collective responsibility to prioritize mental well-being.
CHEYENNE – The Wyoming Banking Board has approved its first bank charter for a cryptocurrency company — part of the state’s effort to take a leadership role in blockchain technology.
The Wyoming Business Report said in a story Thursday that Kraken Financial has become the first blockchain company anywhere to operate as a depository institution with a bank charter.
…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!