Kraken grew to become the first crypto change to win a U.S. banking license this week. Here’s why that issues.
On this version of The Breakdown weekly recap, NLW appears to be like at:
- DEXetition – Uniswap’s battle with SushiSwap heats up as the former dropped the UNI governance token in what some likened to a crypto stimulus examine
- The Fed has no garments – After one other FOMC assembly of “nothing new,” the mirage of Federal Reserve omnipotence is fading
- TikTok and WeChat banned from U.S. app shops – Is it simply a negotiating approach? Whatever the case, individuals are not completely satisfied
- Kraken turns into a financial institution – What it means now that Kraken has been authorized for a Wyoming Special Purpose Depository Institution constitution