When talking to exchanges, liquidity providers and custodians, the goal was to build a safer and segregated institutional custody vault, according to Diogo Monica, cofounder and president of Anchorage...
Tag: Anchorage
Anchorage Technology Is Penalized By The OCC For Failure To Obey With Anti Money Laundering Rules
Anchorage became the first crypto company in the United States to be granted a national bank charter by the OCC. Former interim comptroller of the currency Brian Brooks was temporarily the CEO of Bina...
OCC demands Anchorage Digital clean up AML program
The US’s national bank regulator is not happy with Anchorage Digital’s know-your-customer (KYC) program. On April 21, the Office of the Comptroller of the Currency (OCC) released a consent...
US Regulator Slams Crypto Bank Anchorage for AML Lapses
The US Office of the Comptroller of the Currency (OCC) has found some lapses with the know-your-customer (KYC Know Your Customer (KYC) Know Your Customer (KYC) is the process via which the broker is...
How Anchorage is helping hedge funds custody hundreds of millions of dollars in NFTs
As Mónica explained during an interview on The Scoop with host Frank Chaparro, there are two main reasons he believes institutions are expressing interest in NFTs: “The first one is that it’s free mar...
Anchorage Closes in on FDIC Crypto Custodian Deal, Documents Show
Digital assets are growing more commonplace on the balance sheet of banks in the U.S. Eventually one of these institutions may fail, and the Federal Insurance Deposit Corporation (FDIC) will need to s...