Kraken Relocates Headquarters to Wyoming, USA..."Considering the Crypto-Friendly Environment"
Summary
- Kraken officially announced it will relocate its headquarters to Wyoming.
- The decision is interpreted as being influenced by crypto-friendly regulatory conditions.
- Kraken's relocation is expected to further establish Wyoming as the top crypto hub in the US.
Kraken, the second largest virtual asset (cryptocurrency) exchange in the US, has announced it will relocate its headquarters to the state of Wyoming.
On the 20th (local time), Kraken announced through its official blog that it will move its headquarters to Cheyenne, Wyoming, USA. This decision is interpreted as taking into account Wyoming's crypto-friendly regulatory environment.
In fact, Wyoming is home to Senator Cynthia Lummis, a leading pro-crypto lawmaker. Regarding Kraken's decision, Senator Lummis commented, "Wyoming has established itself as a leader in crypto policy for the past decade," and added, "Kraken's decision further proves Wyoming's forward-thinking approach and will solidify the state's position as the nation's premier crypto hub."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
