How Anchorage Digital’s Consent Order Termination Will Change Crypto Banking
What role does Anchorage Digital play in the crypto banking landscape?
In the ever-evolving crypto banking landscape, Anchorage Digital stands out as the first federally chartered digital asset bank in the United States. Its pioneering status signifies not just a unique position in the market but also comes with a substantial advantage in terms of compliance and regulation stature. The rigorous compliance with anti-money laundering (AML) and know-your-customer (KYC) standards that Anchorage abides by is commendable and sets the tone for others in the industry. It merges secure custody, advanced trading, and lending services into a cohesive operational model, aimed at attracting institutional investors and fostering the necessary trust…
