This just seems like really big news
Kraken wins Banking Charter in Wyoming
I don't normally follow on the latest banking/crypto related news releases, but this one just seems like a really big one.
Kraken will now be able to create the first regulated Crypto Bank in the US
(Source: https://blog.kraken.com/post/6241/kraken-wyoming-first-digital-asset-bank/)
I don't funny understand all the implications here but it sounds like very big news.
Crypto Twitter seems to think so as well:
(Source: https://twitter.com/search?q=bitcoin&src=typed_query)
Now that we got banking out of the way, the question becomes which country will be the first to declare bitcoin their national currency?
Wow! This is pretty big news!
I need to study this better, but this may be a better custodial alternative then the currency Bitcoin investment funds which appear have you buy shares but the value of the crypto your buying is less then the amount your investing. This bank may offer a closer to 1:1 realationship along with custodial services.
Are you referring to the premium?