Why the First US Crypto Bank Is a Big Deal

[Galaxy]

Kraken became the first crypto exchange to win a U.S. banking license this week. Here’s why that matters. On this edition of The Breakdown weekly recap, NLW looks at:
DEXetition – Uniswap’s battle with SushiSwap heats up as the former dropped the UNI governance token in what some likened to a crypto stimulus check
The Fed has no clothes – After another FOMC meeting of “nothing new,” the mirage of Federal Reserve omnipotence is fading
TikTok and WeChat banned from U.S. app stores – Is it just a negotiating technique? Whatever the case, people are not happy.
Info link: https://www.coindesk.com/kraken-first-us-crypto-bank