CASPER, Wyo. – The office of Wyoming Governor Mark Gordon said Wednesday, September 16, that the Wyoming banking division had approved a request from Kraken “to create the world’s first special purpose deposit institution (SPDI).”
“Today, Wyoming became the first US state to approve a digital asset banking charter,” Gordon said in a statement. “Wyoming’s new charter will allow those who use digital assets, like cryptocurrency, to access reliable financial services, protect consumers, and allow businesses to keep their digital assets safe.”
Gordon added that he was proud of Wyoming’s leadership in this area. He also thanked a number of lawmakers and others for the roles they have played.
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“Thanks to Ogden Driskill, Tyler Lindholm, Jared Olsen, Chris Rothfuss and Caitlin Long, as well as Albert Forkner of the Wyoming banking division, who have all played a role in creating a strong and efficient regulatory environment,” Gordon said. “Wyoming is taking its rightful place in the world as a leader in fintech.”