I just read the news about kraken that got their first Cryptocurrency Bank License I was chocked to read about it and wonderif this is the beginning of a*s raping, KYC and CRS in the crypto market?
Check out the news here:
Why is this a milestone for them, only if they exchange information with various governments and tax office on a global scale it make sense to me that they obtain a license to get regulated.
Anyone using kraken to store their coins may be insane, or what is it I don't understand here?
Check out the news here:
The First Cryptocurrency Bank License Is Now Granted - Bitnewsbot
This is a historic development. A milestone in Bitcoin’s path to broad acceptance and recognition. The State of Wyoming in the US approved Kraken’s application, one of the first cryptocurrency exchanges, to establish a Special Purpose Deposits Institution (SPDI). In other words, the world’s...
bitnewsbot.com
This is a historic development. A milestone in Bitcoin’s path to broad acceptance and recognition. The State of Wyoming in the US approved Kraken’s application, one of the first cryptocurrency exchanges, to establish a Special Purpose Deposits Institution (SPDI). In other words, the world’s first official bank license for digital assets was granted.
Why is this a milestone for them, only if they exchange information with various governments and tax office on a global scale it make sense to me that they obtain a license to get regulated.
Anyone using kraken to store their coins may be insane, or what is it I don't understand here?