It’s unclear whether Anchorage Digital’s layoffs relate to the current turmoil in the United States banking sector. Crypto bank Anchorage Digital has announced it would be letting go of 75 employees, or approximately 20% of its workforce, citing regulatory uncertainty in the United States as a factor in its decision. In a March 14 statement, Anchorage labeled the layoffs “a strategic realignment to better focus our resources,” pointing to “broad macroeconomic challenges and crypto market volatility” as other factors contributing to its shift in strategy.