ChainCatcher news, according to Cryptopolitan, federal chartered crypto bank Anchorage Digital announced it will delist several stablecoins, including the widely used USDC, sparking criticism within the industry. Anchorage released a "Stablecoin Safety Matrix" that assesses the regulatory oversight and reserve quality of digital dollar tokens. USDC, Agora USD (AUSD), and Usual USD (USD0) failed to meet the company's internal standards and will be gradually phased out.Anchorage urged its institutional clients to switch to Global Dollar (USDG), a competing stablecoin issued by Paxos, supported by an alliance of which Anchorage is a founding member.

ChainCatcher news, Hong Kong Financial Secretary Paul Chan published a secretary's essay titled "Speeding Up and Steady Sailing," pointing out that the development of digital assets has driven related business in financial institutions. Last year, the total trading volume of digital assets and related products by local banks in Hong Kong reached HKD 17.2 billion, and by the end of last year, the total amount of digital assets held in custody by banks reached HKD 5.1 billion.The "Stablecoin Regulation" has been passed by the Legislative Council and will take effect on August 1. Hong Kong is cautiously advancing the development of stablecoins, providing a new paradigm for the global stablecoin market. This is also reflected in the firewall and experimental field functions under the "one country, two systems" principle, providing experience and reference for national financial development. For example, Hong Kong has adopted a more open model, allowing licensed issuers to choose different fiat currencies as the anchor currency for issuing stablecoins, which is beneficial for attracting more institutions from various parts of the world to issue stablecoins in Hong Kong based on actual application scenarios, significantly enhancing the liquidity of related activities and the competitiveness of the Hong Kong market.

ChainCatcher news, according to official news, cryptocurrency financial services company Anchorage Digital announced its entry into the stablecoin business through the acquisition of Mountain Protocol. As part of the acquisition, Mountain Protocol will begin an orderly termination of the USDM project.

ChainCatcher news, according to The Block, the tokenization company for physical assets Securitize has launched a new institutional-grade crypto index fund, with Mantle investing $400 million as an anchor investor.The fund is named Mantle Index Four (MI4) and will invest in mainstream crypto assets such as Bitcoin, Ethereum, Solana, and USD stablecoins, while enhancing returns through staking strategies like Mantle's mETH and Bybit's bbSOL.

ChainCatcher news, according to Yu Jin, Paradigm transferred 5,500 ETH (approximately $8.66 million) to the institutional brokerage platform Anchorage about 3 hours ago. Over the past year, Paradigm has transferred a total of 96,955 ETH to Anchorage, with a total value of approximately $302 million, at an average price of about $3,110.Previous similar operations were usually followed by subsequent transfers to exchanges like Coinbase and Binance, suspected to be preparations for sale.

ChainCatcher news, according to Barron's, the anti-money laundering and financial crimes unit under the U.S. Department of Homeland Security has launched an investigation into the crypto custody bank Anchorage Digital Bank.The company, backed by Wall Street capital, has publicly supported Trump's policies in the digital asset space. The investigation focuses on its compliance and financial transaction practices, with details not yet disclosed.

ChainCatcher news, according to Barrons, the U.S. Department of Homeland Security is investigating Anchorage Digital cryptocurrency bank.

ChainCatcher news, according to official news from Anchorage Digital, as the only federally chartered digital asset bank in the United States, it will deepen its partnership with BlackRock to provide digital asset custody services to meet the growing demand for digital assets from retail and institutional clients.

ChainCatcher news, Securitize, a tokenization platform supported by BlackRock, announced the appointment of former Anchorage executive Georgia Quinn as Chief Legal Officer, aiming to drive the adoption of compliant tokenized securities in traditional financial markets. It also appointed Michael Sonnenshein as Chief Operating Officer.

ChainCatcher news, HashKey Group's Chief Risk and Compliance Officer, Ru Haiyang, pointed out in an exclusive interview with Phoenix TV's "Asia Finance Perspective" that the Consensus conference and the recent series of Web3 events landing in Hong Kong are just the beginning. The choice of Hong Kong is based on common considerations—Hong Kong not only has a compliant and transparent regulatory environment but also possesses a rich market customer base and a partner ecosystem.In response to the virtual asset development roadmap released by the Hong Kong Securities and Futures Commission that day, Ru Haiyang analyzed that the 5 pillars and 12 initiatives of "A-S-P-I-Re" plan to anchor the direction for the development of the virtual asset industry in Hong Kong over the next three years. This includes opening staking services, attracting global liquidity, exploring derivatives trading and financing lending, adjusting the ratio of hot and cold wallets and insurance, and cross-departmental and cross-regulatory collaboration in innovative fields. Ru Haiyang stated that many contents in this roadmap stem from industry voices and feedback, and it is expected that at least three major initiatives will make substantial progress this year.

According to ChainCatcher news, monitored by Arkham, an address suspected to belong to an early investor in Arbitrum (0x11...dfA9) transferred 5.26 million ARB, worth approximately 3.98 million dollars, to the custodian Anchorage Digital at 2:39 AM on January 10.This address received 175 million ARB from Arbitrum: Offchain Labs Investors on March 16, 2024 (then worth about 333 million dollars). Currently, the address still holds 142 million ARB, valued at approximately 106 million dollars at the current price.

ChainCatcher news, according to The Block, Anchorage Digital CEO and co-founder Nathan McCauley stated: "The next U.S. government and Congress are committed to bringing greater regulatory transparency to the crypto ecosystem.By 2025, the industry will focus on several key areas, including: SAB 121, stablecoins, greater regulatory openness to digital asset innovation, and developments surrounding the U.S. Bitcoin strategic reserve."

ChainCatcher news, according to The Block, cryptocurrency custodian Anchorage Digital announced that the New York State Department of Financial Services (NYDFS) has issued a BitLicense to its subsidiary Anchorage Digital NY, LLC. This approval enables Anchorage Digital to provide secure and efficient cryptocurrency trading for institutions in New York State, with full functionality expected to be achieved by early 2025.

ChainCatcher news, FOX Business reporter Eleanor Terrett posted on X that Anchorage Digital co-founder and CEO Nathan McCauley revealed that in January 2023, the company's partner bank stated it would no longer work with them because it was "engaged in cryptocurrency business."It is reported that Anchorage itself is a federally chartered bank and is subject to OCC review, but it was disqualified from participating in banking activities due to its involvement in cryptocurrency.

ChainCatcher news, cross-chain protocol ZetaChain announced the permanent anchoring of 1.5 billion ZETA tokens to its native mainnet, while limiting the maximum number that can be converted to Ethereum ERC-20 tokens to 600 million. ZetaChain stated that this move is aimed at preparing for the upcoming chain integrations and significantly enhancing network security.

ChainCatcher news, Bitcoin mining company Hut8 repaid approximately $38 million of its loan balance obtained from Anchorage Digital through stock conversion. Anchorage Digital converted the debt into common stock at a price of $16.395 per share.Hut8's remaining debt includes $150 million in convertible notes agreed upon with Coatue Management in June, specifically for the company's expansion into the artificial intelligence computing market.

ChainCatcher news, Bitcoin custody company Casa co-founder Jameson Lopp stated on the X platform that Bitcoin is not just digital gold, nor is it merely an electronic currency; Bitcoin is a trust anchor that can serve as the foundation for building a multitude of rule-based verifiable systems.