Crypto Bank Anchorage Digital Lays Off 20% of Staff

Citing economic, market and regulatory "headwinds" the federally chartered U.S. crypto bank laid off 75 employees.

• 2023-03-15
• Anchorage Digital Silicon Valley Bank Department of Financial Services Apple Podcasts Michael Hsu Joe Biden

PayPal just paused its plan to release a stablecoin after reports its partner is under investigation amid a larger crypto crackdown

The reported pause follows a month of concerted federal and state regulatory actions against crypto companies.

• 2023-02-11
• PayPal Department of Financial Services New York Department of Financial Services digital payments spokesperson payment provider Paxos