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Kraken Crypto Exchange to Disrupt Traditional Banking with the Launch of Its Own Bank for Digital Assets – Here's What You Need to Know

The prominent cryptocurrency exchange Kraken is making its foray into the banking industry with the establishment of Kraken Bank. "We're building a better kind of crypto & Bitcoin bank for our clients," said the exchange...

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Kraken Crypto Exchange to Disrupt Traditional Banking with the Launch of Its Own Bank for Digital Assets – Here's What You Need to Know
The prominent cryptocurrency exchange Kraken is making its foray into the banking industry with the establishment of Kraken Bank.
"We're building a better kind of crypto & Bitcoin bank for our clients," said the exchange on its website. The Wyoming, USA-based bank is called Kraken Financial, but "due to overwhelming demand, it will be known as Kraken Bank," it said. ...
Read More: Kraken Crypto Exchange to Disrupt Traditional Banking with the Launch of Its Own Bank for Digital Assets – Here's What You Need to Know

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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