New Bermuda Bank Taps Anchorage for Crypto Custody

[MRM]

Digital asset custody platform Anchorage is adding proposed Bermuda bank Jewel as a client. That may help crypto companies globally access traditional banking.
Jewel, a proposed Bermuda bank, isn’t yet licensed to take deposits, but it’s already positioning itself to be Bermuda’s first bank for digital assets. That could have ramifications for cryptocurrency companies off the island as well.

The proposed bank announced today that Anchorage, a platform for digital asset custody, will take on Jewel as a client. The partnership allows Jewel to move forward with its plan to provide checking accounts and other banking services to companies in the digital asset space.
Source: https://decrypt.co/41936/new-bermuda-bank-taps-anchorage-crypto-custody