Kraken has officially moved its headquarters to Cheyenne, Wyoming, following the closure of its San Francisco office last year due to safety issues for staff. The regulatory environment in Wyoming significantly influenced this decision.
Wyoming’s Senator Cynthia Lummis praised the state’s pro-crypto policies, asserting that they attract companies like Kraken, which reinforces Wyoming’s status as a leading crypto hub. Since its San Francisco departure, many Kraken employees have been working remotely.
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