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Kraken launches Krak App to blend crypto payments and real-time finance
Kraken has launched a new all-in-one global money app called Krak, aiming to make managing money faster, cheaper, and more flexible for users worldwide. Announced on June 26 from Cheyenne, Wyoming, the Krak app combines the benefits of crypto with traditional finance. Users can send money across 110 countries, manage over 300 fiat and digital assets, and earn rewards on their balances — all in one app. Peer-to-peer payments are made easy with "Kraktags," personalized IDs that let people transfer funds without needing bank account numbers or wallet addresses. At launch, the app will offer spend-and-earn accounts ... (full story)