Cryptocurrency exchange Kraken announces relocation of headquarters to Wyoming

ChainCatcher news, according to Crypto In America, the cryptocurrency exchange Kraken will move its headquarters from San Francisco to Cheyenne, Wyoming. Kraken stated that the state's long-standing advantage in digital asset policy is the main reason.

Kraken previously donated $300,000 to the University of Wyoming to support crypto education and co-hosted a blockchain conference. Wyoming has attracted several crypto companies with its clear crypto regulations, property protections, and regulatory sandbox mechanisms.