Anchorage Digital has confirmed its application for a Federal Reserve master account, a move that could significantly enhance its banking capabilities. This confirmation follows months of speculation after Anchorage CEO Nathan McCauley declined to comment on the rumors in June. Securing a Fed master account would allow Anchorage to access the Federal Reserve's payment systems directly, potentially streamlining its operations and offering more robust services to its clients.
Anchorage Digital Confirms Application for Federal Reserve Master Account
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