Coinbase, Anchorage Say They’ll Be OK Under SEC Custody Proposal, But Risks May Lurk for Others

“Anchorage Digital Financial institution, the primary and solely totally operational OCC-chartered digital asset financial institution, is unequivocally a ‘certified custodian’,” mentioned Georgia Quinn, the corporate’s normal counsel, in a press release. “Whereas Anchorage Digital could be largely unaffected by the proposed rule, we plan to work with all stakeholders to make sure any transition ends in minimal disruption to the digital asset ecosystem.”