Understanding the regulatory hurdles in crypto with Anchorage General Counsel Katie Biber
Episode 6 of Season 2 of The Scoop was recorded on January 21 at The Block offices with Frank Chaparro and Katie Biber, General Counsel at Anchorage. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Play, Stitcher, or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com
Crypto custodian Anchorage emerged from stealth in January 2018, unveiling a new type of custody solution aimed at toppling incumbents like BitGo and Coinbase.
Backed by Andreessen Horowitz and Blockchain Capital, the firm has locked down $57 million in venture capital to build out a faster alternative to cold storage solutions. Leading the firm's regulatory and policy efforts is Katie Biber, a legal professional who once served as the GC for Romney's presidential campaign.
On this episode of The Scoop, The Block's Frank Chaparro and Biber explore:
- Anchorage's review process in determining whether or not to list an asset
- The importance of transitioning from state by state regulatory framework to a unified federal framework
- Why the absence of enforcement action has made it harder for companies understand what law is, or is not
- Why Anchorage expected major regulatory pushback against The Libra Association, and why this is not necessarily a bad thing
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