Kraken Wins Bank Charter Approval : CryptoCurrency


**“**We would expect to offer a host of new products as we get established,” Kinitsky said. “Those will range from things like qualified custody for institutions, digital-asset debit cards and savings accounts all the way to new types of asset classes. We can engage with securities and commodities and things like that as a bank. So a lot more TBD there.” 

Look for JP Morgan to follow suit within a year.

IM assuming as a resident of Texas I wouldn’t have access to Krakens services from Wyoming then again it seems as if services they are offering are the same as what JP Morgan would offer? Am I correct in this? IM trying to find out how much of this is a win for crypto.



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