Cryptocurrency Bank Anchorage Digital Lays Off 20% of Workforce Amid Regulatory Uncertainty
Anchorage Digital, a cryptocurrency bank, has revealed plans to cut back its workforce by approximately 20%, or 75 employees, due to regulatory uncertainty in the United States financial system. The company made history in January 2021 by becoming the first cryptocurrency firm in the U.S. to rece ...
Signature Bank Board Member Accuses US Regulators of Targeting Crypto Industry
A member of Signature Bank's board has accused US regulators of intentionally discrediting the cryptocurrency industry by blocking the bank's operations over the weekend. Barney Frank, a former congressman and board member of Signature Bank, has alleged that the New York City Department of Financ ...