PANews reported on June 20 that according to Crypto In America, the US crypto exchange Kraken will move its headquarters from San Francisco to Cheyenne, Wyoming. The decision is based on Wyoming's leading position in digital asset policies, including clear legislation such as defining digital assets as property and protecting private keys. Kraken has invested $300,000 in the state over the past four years to support the University of Wyoming's crypto education program and co-host blockchain seminars. Wyoming Senator Cynthia Lummis welcomed this, pointing out that the state has been at the forefront of digital asset policies for nearly a decade. Although employees still work remotely, the move marks Kraken's official establishment of a closer connection with this jurisdiction with a well-developed regulatory sandbox.