Kraken News: Crypto Firms Pursue Bank Charters

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.

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

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

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