Anchorage Digital, a crypto bank, has submitted a public comment letter supporting the US Treasury Department's proposed Anti-Money Laundering (AML) and sanctions framework for the GENIUS Act. The company believes the rules strike a balance between compliance and innovation but seeks clarification on secondary-market sanctions liability.
Anchorage Digital has launched a Coordinated Multiparty Settlement (CMS) platform to allow institutions to trade crypto assets while keeping them in custody at its regulated bank, aiming to reduce counterparty and operational risks.
Remittance giant Western Union’s USDPT token will power cross-border payments and a consumer spending product launching in 40+ countries.
Anchorage Digital has integrated Marinade Finance into its platform, enabling institutional clients to stake Solana tokens through automated validator strategies while maintaining custody. The integration offers two strategies: one allocating across roughly 30 KYC-verified validators for compliance-focused use cases including ETFs, and another dynamically distributing stake across hundreds of validators to optimize yield. Available through Anchorage's platform and Porto self-custody wallet, the setup separates staking delegation from withdrawal control.
