The new Bitwise DeFi Crypto Index Fund seeks to take advantage of the rapidly growing DeFi market, which is increasingly seen as a viable alternative to traditional finance, offering peer-to-peer financial services like loans and lending, decentralized exchanges, and derivatives, among others.
The conditional approval of Anchorage’s national trust charter application “makes Anchorage Digital Bank National Association the first federally chartered digital asset bank in history,” said Anchorage CEO Nathan McCauley and President Diogo Mónica. “This is a major milestone, not only for us as an organization, but also for the crypto industry and the wider financial world. Crypto deserves a bank," they said.
“Successfully completing this examination and being granted the SOC 1 Type 1 report more formally signifies something we have long known: the controls and processes Anchorage has developed are world class, and meet a truly rigorous standard,” said Jennifer Lee, Anchorage’s head of compliance.
Comparing the Crypto for Congress campaign donations to “the time Members of Congress received their first email or sent their first Tweet,” the Chamber said its goal is to foster a deeper understanding of this technology’s vast potential, from enabling greater participation in the political process to revolutionizing every industry in our economy.”
