Anchorage Digital Announces Plans to Seek EU Authorisation for Regulated Crypto-Asset Services and Electronic Money Token Issuance
TL;DR: Planned offering for institutional clients is subject to regulatory authorisation and is not yet available.
Anchorage Digital, home to America’s first federally chartered digital asset bank, today announced that its subsidiary Anchorage Digital Ireland intends to seek authorisation under the EU’s Markets in Crypto-Assets Regulation (MiCA) and the European Communities (Electronic Money) Regulations 2011 (as amended) to provide regulated crypto-asset services and to issue electronic money tokens (EMTs) for institutional clients in the EU/European Economic Area (EU/EEA).
Subject to authorisation, Anchorage Digital Ireland plans to offer institutional clients:
- White-label EMT-issuance-as-a-service for fiat-backed e-money tokens (EMTs);
- Custody and administration of crypto-assets, together with related staking and on-chain governance services for assets held in custody;
- Transfer services for crypto-assets; and
- Agency trading in the form of execution and reception and transmission of orders for crypto-assets on behalf of clients.
Anchorage Digital Ireland's planned services would extend to clients in the EU/EEA the secure, institutional custody and settlement infrastructure that Anchorage Digital operates in other jurisdictions.
“Financial institutions need secure, regulated infrastructure for digital assets and EMTs wherever they operate. Seeking authorisation in the EU is how we intend to extend that infrastructure service to Europe.” —Nathan McCauley, CEO and Co-Founder, Anchorage Digital
Important regulatory information
Anchorage Digital Ireland is not currently authorised as a crypto-asset service provider or as an electronic money institution in the European Union/EEA. It does not currently provide any crypto-asset service, and does not issue or offer any EMT in the European Union/EEA, and it will not do so unless and until it is granted authorisation.
This announcement is for information only. It is not an offer to the public of any crypto-asset or EMT, an offer of any service, or a solicitation of any person in the EU to use the services of any Anchorage Digital entity.
Forward-looking statements. This announcement includes forward-looking statements about Anchorage Digital’s intentions, its plans to seek authorisation of Anchorage Digital Ireland in the EU, the services it may offer, and the timing and outcome of regulatory processes. These statements are not guarantees and have not been endorsed by any national competent authority or regulator in the EU/EEA. Actual outcomes may differ materially because regulatory decisions, requirements and timelines are outside Anchorage Digital's control. Anchorage Digital undertakes no obligation to update these statements except as required by law.
About Anchorage Digital
Anchorage Digital is a global crypto platform that enables institutions to participate in digital assets through trading, staking, custody, governance, settlement, stablecoin issuance, and the industry’s leading security infrastructure. Home to Anchorage Digital Bank N.A., the first federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, which is licensed by the Monetary Authority of Singapore; Anchorage Digital NY, which holds a BitLicense from the New York Department of Financial Services; and self-custody wallet Porto by Anchorage Digital. The company is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with its Series D valuation over $3 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, X, YouTube, and LinkedIn.
Press Contacts:
Anchorage Digital
press@anchorage.com
This post is intended for informational purposes only. It is not to be construed as and does not constitute an offer to sell or a solicitation of an offer to purchase any securities in Anchor Labs, Inc., or any of its subsidiaries, and should not be relied upon to make any investment decisions. Furthermore, nothing within this announcement is intended to provide tax, legal, or investment advice and its contents should not be construed as a recommendation to buy, sell, or hold any security or digital asset or to engage in any transaction therein.
Anchorage Digital Bank National Association offers fiat custody services through the use of an FDIC-insured, licensed sub-custodian.
