Anchorage Digital became the first U.S. cryptocurrency company to receive National Trust Bank status from the Office of the Comptroller of the Currency in January 2021.
The bank’s team calls the current layoffs a “strategic realignment to better focus resources.”
“Macroeconomic, market and regulatory dynamics create headwinds for our business and the entire crypto industry,” the bank said.
It is not yet known if there are layoffs at Anchorage due to the US banking crisis or the prolonged crypto winter. March 2023 has been a challenging month for bankers working with the crypto industry. The termination of operations has already been announced by Silvergate, Signature and Silicon Valley.
Earlier, Bloomberg, citing its own sources, reported that even before the closure of Signature Bank, US prosecutors were investigating its interaction with clients from the crypto industry.
Source: Bits
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