counterparty risk
2 stories
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financeBinance Anchors Institutional Trading with Federally Chartered Crypto Bank
Binance partners with Anchorage Digital to offer a banking triparty arrangement, allowing institutional clients to trade on the exchange while safeguarding collateral at a regulated US bank.
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cryptoAnchorage Digital Launches Platform to Reduce Crypto Trading Counterparty Risk
Anchorage Digital launches Coordinated Multiparty Settlement (CMS) for institutions, reducing counterparty risk by keeping assets in custody at its federally regulated bank during trades.