The only crypto company with a federal charter at the moment, Anchorage Digital, told WSJ that it has taken a large financial outlay to meet compliance standards.
Quote
Related projects
Anchorage Digital
Sources
WSJ: Circle, BitGo Pursue Elusive U.S. Bank Charters—Only Anchorage Holds One
Referenced by
Circle, BitGo or any crypto firm that obtains a US bank charter would become subject to stricter regulatory oversight, similar to the experience of Anchorage Digital, which remains the only federally chartered crypto firm and has spent tens of millions on compliance
Crypto news
Claim
