Crypto Custodian Anchorage Gets SOC 1 Security Certification With Big 4 Audit...
Crypto services provider Anchorage said it received a third-party SOC 1 Type 1 certification from auditor EY.
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The U.S. Office of the Comptroller of the Currency (OCC) has granted conditional approval to crypto custodian Anchorage to launch the first federally chartered digital asset bank in the country. In a statement on Jan. 13, 2021, the OCC said the company received the national trust banking charter, which allows it to create Anchorage Digital Bank, following a thorough review of its operations. With the approval, Anchorage will now be expected to comply with the capital and liquidity requirements of the OCC and certain risk management procedures. The firm signed an agreement with the banking....
If its application is approved, Anchorage would be the first crypto company to get a national bank charter.
Digital asset custodian Anchorage has hired its first Head of Risk.
Today, Knox announced that it has become the first and only custodian in Canada with SOC 2 Type II certification. Learn more via the press released shared by Knox. The post Press Release: Knox Custody Completes Soc 2 Type II Audit appeared first on Bitcoin Magazine.
The exchange custody network includes Binance.US, CoinList, Blockchain.com, Strix Leviathan and Wintermute. Crypto custody firm Anchorage Digital has recently formed an exchange custody network with five digital asset trading platforms to segregate institutional client funds from exchanges into regulated asset vaults. In an announcement, the custodian mentioned that it has partnered with Binance.US, CoinList, Blockchain.com, Strix Leviathan and Wintermute. According to Anchorage, this will provide institutions with direct access to a wide range of trading pairs. The custody firm also noted....