Business

Crypto financial institution Anchorage Digital cuts 20% of workers citing regulatory uncertainty By Cointelegraph


Crypto financial institution Anchorage Digital introduced it will be letting go of 75 workers, representing roughly 20% of its workforce, citing regulatory uncertainty in the US as a think about its resolution.

In a March 14 assertion Anchorage labeled the layoffs as “a strategic realignment to raised focus our sources,” and pointed to “broad macroeconomic challenges, and crypto market volatility” as different elements contributing to its shift in technique.