Kraken

Kraken News: Crypto Firms Pursue Bank Charters

March 18, 2025

Kraken Unicorn News - March 18, 2025

Cryptocurrency companies like Kraken are seeking state or national bank charters to expand their operations under the Trump administration. This move allows them to accept deposits and reduce borrowing costs, although it comes with increased regulatory oversight.

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( 00:00:27 ) Crypto Companies Seek Bank Charters Under Trump Administration

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Sources

1 https://www.coindesk.com/policy/2025/03/18/fintech-and-crypto-firms-seek-bank-charters-under-trump-administration-reuters

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Linqto leverages advanced artificial intelligence (AI) technologies to generate Unicorn News to summarize updates about private companies. The news summaries and audio are both AI generated, based on the source(s) listed.