Crypto exchange EDX Markets, which is backed by Wall Street giants including Citadel Securities and Charles Schwab, tapped Anchorage Digital to provide custody for its clearinghouse business set to launch later this year.
Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan
The world’s largest machine maker is set to take a $54 million stake in Core Scientific as the miner emerges out of Chapter 11 proceedings.
Figure Abandons Quest to be U.S. Chartered Crypto Bank After Three-Year Fight
Figure Technologies, Inc., has pulled its application to become a federally chartered bank in the U.S., ending a three-year rollercoaster ride as regulators clamped down on crypto activity and digital assets banking suffered a black eye when regional lenders associated with the tech world cratered earlier this year.
Crypto bank Anchorage Digital cuts 20% of staff citing regulatory uncertainty
It’s unclear whether Anchorage Digital’s layoffs relate to the current turmoil in the U.S. banking sector.
Coinbase, Anchorage Say They’ll Be OK Under SEC Custody Proposal, But Risks May Lurk for Others
The U.S. Securities and Exchange Commission (SEC) is officially working toward forcing investment advisers to make hard decisions about how they keep clients’ crypto assets, but the agency’s Wednesday proposal comes with good-news, bad-news elements now being studied by industry lawyers and lobbyists.
Anchorage co-founder sees ‘tons of opportunity’ as it expands into Asia
Anchorage Digital has marked its plans for expansion into the Asian crypto market, with co-founder Diogo Mónica noting that Singapore is just a starting point.
Anchorage forms custody network with five crypto exchanges
The exchange custody network includes Binance.US, CoinList, Blockchain.com, Strix Leviathan and Wintermute.
OCC issues order against Anchorage Digital over AML compliance
The bank hinted that the OCC’s actions might help establish a regulatory precedent that could encourage other firms in the space to set up federally regulated digital asset banks.
Anchorage Digital will custody crypto seized by US Marshals
Co-founders Diogo Mónica and Nathan McCauley cited the Anchorage’s “stringent processes and procedures” as likely factors in the decision from the federal agency.