FDIC sets to hire Anchorage crypto custodian to manage assets of failed banks

FDIC sets to hire Anchorage crypto custodian to manage assets of failed banks

The FDIC is now on the verge of employing a cryptocurrency custodian to assist it to store and sell digital assets like crypto when a bank fails. According to sources familiar with the matter, the federal government is planning to hire Anchorage, a San Francisco-based firm, to assist it in storing and selling any Bitcoin […]