"Anchorage Digital Bank Applies for U.S. Fed Master Account"

U.S. crypto bank Anchorage Digital Bank has been confirmed to have applied for a master account at the U.S. central bank, the Federal Reserve (the Fed).

On the 20th, Eleanor Terrett, host of Crypto in America, wrote on her X (formerly Twitter), "In June I asked for confirmation about rumors that Anchorage was preparing to apply for a Fed master account, but at the time they declined to comment," and added, "Today, an update to the Fed's database confirmed the application."

Meanwhile, a Fed master account is a permission that allows a bank to access the central bank's payment system directly, which can improve payment efficiency and expand the range of financial services offered. Applications from crypto-friendly banks are also increasing, so attention is focused on whether approval will be granted.