The Kraken Exchange is moving to a Crypto Bank amid a Dispute with US Regulators

Kraken, one of the major cryptocurrency exchanges, confirmed its plans to launch a crypto banking suite in the foreseeable future.

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The move was first announced in 2020, and the idea is now reappearing amid recent regulatory issues in the United States.

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Although Kraken did not confirm the launch of its cryptocurrency bank in any official statement, information appeared in comments on the exchange's Twitter.

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Kraken's support team informed a Twitter user that Kraken Bank is still in progress and will first be offered to customers in the United States.

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