customer assets
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Restructuring Plan for Zipmex Approved by High Court of Singapore
It is reported that the arrangement plan or restructuring plan of the Thai cryptocurrency exchange Zipmex has been approved by the High Court of Singapore, paving the way for custo
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Anchorage Digital Lays off 75 Employees, but Anchorage Digital Bank Remains Unaffected
On March 15th, Anchorage Digital announced today that it would lay off 75 employees. However, a spokesperson for the company said that its digital asset banking subsidiary, Anchorage Digital Bank, which is regulated by the United States Office of the Comptroller of the Currency, would not be affected by the layoffs, and that customer assets would not be at risk due to the recent failures of the crypto friendly banks Silvergate Bank and Silicon Valley Bank. Anchorage Digital: Banking subsidiaries will not be affected by layoffs Analysis based on this information:Anchorage Digital, a leading cryptocurrency custody and trading platform for institutional investors, has announced that it will let go of 75 employees. However, the company has ensured that its digital asset banking subsidiary, Anchorage Digital Bank, which is regulated by the United States Office of the Comptroller of the Currency (OCC), will not be impacted by the layoffs. Moreover, the spokesperson stated that Anchorage Digital Bank will continue to provide…
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Coin An Cryptocurrency Exchange Denies Unauthorized Use of Customer Assets
It is reported that after Forbes reported that the cryptocurrency exchange, Coin An, transferred \”US $1.8 billion of collateral to support its customers\’ stabl…
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SEC Proposes to Strengthen Protection Rules for Registered Investment Advisers
It is reported that the SEC of the United States published the \”SEC Proposal to Strengthen the Protection Rules for Registered Investment Advisers\” on its offi…
