Kraken Responds to Trump's "Trump Accounts" Plan, Funding Trump Accounts for Newborns in Wyoming

Odaily News Cryptocurrency exchange Kraken has become the latest company to respond to the call of U.S. President Donald Trump by supporting his "Trump Accounts" initiative. "Trump Accounts" is a savings plan for American children under the age of 18. Wyoming Senator Cynthia Lummis first announced the move on Monday, with the Republican official stating that Kraken will fund Trump accounts for all newborns in Wyoming.

Kraken stated that Wyoming was chosen because of the state's "responsible" approach to cryptocurrency regulation.