It’s unclear whether Anchorage Digital’s layoffs relate to the current turmoil in the U.S. banking sector.
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It’s unclear whether Anchorage Digital’s layoffs relate to the current turmoil in the U.S. banking sector.
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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.
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The exchange custody network includes Binance.US, CoinList, Blockchain.com, Strix Leviathan and Wintermute.
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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.
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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.
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