cryptonews: The first federally chartered crypto bank announced that it would lay off 20% of its staff. 🧐
The first federally chartered crypto platform announced that it would lay off 20% of its staff.
Tuesday's announcement comes on the heels of the collapse of three of the largest crypto banks in the U.S. Last week, Silvergate announced "orderly wind down of bank operations and a voluntary liquidation of the bank." Anchorage said that its "long-term vision" of "building an enduring financial institution for the digital economy … requires us to adjust to changing economic, marketplace, and regulatory conditions."
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