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On March 1, Kraken announced it would no longer be using the crypto-focused Signature Bank. Kraken non-corporate clients will no longer be able to deposit or withdraw U.S. dollars using Signature. The deposit feature will be removed on March 15th and the withdrawal feature will end on March 30th.

If they're planning to replace it with their own bank, that's quite fast!

But, will they get a license to open a bank? I don't think so.

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