News with the tag "anchorage"

Wall Street asset management firm Cantor Fitzgerald has tapped Copper and Anchorage Digital as custodians for its new bitcoin (BTC) financing business, which aims to provide institutional investors with leverage on their bitcoin holdings, the firm said on Tuesday. "We are launching with $2 billion i...

Anchorage Digital CEO Nathan McCauley took the stand earlier this month at a Senate hearing with one message—his crypto bank was cut off without warning. The bank Anchorage had been working with for two years pulled the plug overnight. No call. No explanation. Nothing. “We had a bank that we had a g...

As U.S. senators prepared to gather for a hearing about U.S. debanking of crypto clients, the interim chief of the Federal Deposit Insurance Corp. said his agency is overhauling its digital assets supervision and revealed more correspondence on Wednesday in which FDIC officials steered banks away fr...

Anchorage Digital, a crypto-friendly bank, has announced the receipt of BitLicense from the New York State Department of Financial Services for its subsidiary, Anchorage Digital NY, LLC. The approval allows the bank to offer secure and efficient crypto transactions to New York institutions by 2025. ...

Anchorage Digital’s subsidiary, Anchorage Digital NY, LLC, has received a BitLicense from the New York State Department of Financial Services. Read original article on coincu.com

With the addition of Anchorage’s New York arm, the New York financial regulator has approved 34 companies since the BitLicense scheme launched in 2015.

Anchorage Digital will offer Liquid Staked ETH, allowing institutions to stake ETH and receive liquid staking tokens with network rewards. Read original article on coincu.com

It is the first US bank to facilitate liquid Ether staking, and it is focusing on institutions.

Anchorage, a federally chartered crypto bank regulated by the Office of the Comptroller of the Currency (OCC), found itself on the wrong side of its own banking partner. In June 2023, the bank told Anchorage it was severing ties because the company was “in the business of crypto.” Nathan McCauley, A...

The USDG will use nearly 100% of the revenue generated from its reserve assets to reward network partners rather than the issuer.