• Latest
  • Trending
Alabama Man Gets 14 Months Imprisonment for Fake SEC Bitcoin ETF Approval  Announcement

OCC Lifts 2022 Compliance Order

August 21, 2025
INJ price eyes $20 as Republic expands RWA with Injective

INJ price eyes $20 as Republic expands RWA with Injective

August 21, 2025
U.S. Justice Department Official Says Writing Code Without Bad Intent ‘Not a Crime’

U.S. Justice Department Official Says Writing Code Without Bad Intent ‘Not a Crime’

August 21, 2025
Cardano Fails To Break $1 Resistance But Remittix Attracts New Investors With Payfi Potential

Cardano Fails To Break $1 Resistance But Remittix Attracts New Investors With Payfi Potential

August 21, 2025
Did He Just Catch The Bottom?

Did He Just Catch The Bottom?

August 21, 2025
US OCC Terminates 2022 Order Targeting Anchorage Digital Over AML

US OCC Terminates 2022 Order Targeting Anchorage Digital Over AML

August 21, 2025
Unstoppable Domains Named One of Forbes America’s Best Startup Employers 2025, Leading the Future of Onchain Domain Innovation

Unstoppable Domains and Copernic Space Launch .lunar: The First Domain Extension to Literally Reach for the Moon

August 21, 2025
Key Date for XRP Holders Revealed by Top US Exchange Gemini

Key Date for XRP Holders Revealed by Top US Exchange Gemini

August 21, 2025
State Street, J.P. Morgan Complete $100M Tokenized Debt Deal

State Street, J.P. Morgan Complete $100M Tokenized Debt Deal

August 21, 2025
Verb Technology confirms $713M TON stake after $558M private placement

Verb Technology confirms $713M TON stake after $558M private placement

August 21, 2025
  • Privacy Policy
Thursday, August 21, 2025
MtRushmoreCrypto - Where Crypto Rocks
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Logo
No Result
View All Result
Home Crypto Technical Analysis

OCC Lifts 2022 Compliance Order

J_News by J_News
August 21, 2025
in Crypto Technical Analysis, Top News
0
Alabama Man Gets 14 Months Imprisonment for Fake SEC Bitcoin ETF Approval  Announcement
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


TLDR

  • Anchorage Digital regains full federal standing as OCC lifts 2022 compliance order.

  • OCC clears Anchorage Digital, ending scrutiny of AML and KYC controls.

  • Anchorage Digital restored as nation’s only federally chartered crypto bank.

  • Compliance overhaul pays off: Anchorage Digital exits OCC enforcement.

  • OCC shift boosts crypto banks as Anchorage Digital reclaims regulatory footing.

Anchorage Digital has exited federal scrutiny after the Office of the Comptroller of the Currency (OCC) officially terminated a 2022 compliance order. The order initially targeted the crypto bank’s anti-money laundering and know-your-customer programs. The OCC declared that Anchorage Digital no longer needs the directive to ensure legal compliance and operational soundness.

The agency determined that Anchorage Digital now satisfies the necessary standards for risk and compliance controls. This move follows consistent improvements in the firm’s compliance systems and regulatory posture. Anchorage Digital has regained full standing as a federally chartered digital asset bank.

Anchorage Digital previously made history by securing the first national banking charter for a crypto company. That milestone positioned it under direct supervision by the OCC, which regulates national banks in the U.S.  In 2022, regulators issued a consent order requiring the firm to improve its anti-money laundering safeguards.

Regulators Shift Tone Toward Crypto Banking Frameworks

The recent termination signals a broader change in regulatory tone following leadership changes at the OCC. Under the new OCC head, Jonathan Gould, the agency has softened its position on digital asset institutions. The Federal Reserve has also withdrawn restrictive guidance that discouraged banks from working with crypto firms.

Anchorage Digital is now the only fully regulated national crypto bank operating under a federal charter. In recent months, other firms like Circle, Paxos, BitGo, and Ripple have re-engaged the OCC with similar applications. The policy shift reflects renewed openness toward digital finance under the current administration.

Although Anchorage Digital’s compliance practices faced criticism, the company responded by heavily investing in internal controls. These efforts included expanding compliance teams, enhancing technology systems, and adjusting protocols to meet regulatory expectations.  The OCC acknowledged that the consent order no longer serves a regulatory purpose.

Anchorage Digital Positions for Growth After Regulatory Clearance

Anchorage Digital’s leadership framed the termination as validation of its strategy and operational upgrades. The company emphasized that ongoing engagement with regulators has strengthened its long-term institutional credibility. With this development, Anchorage Digital aims to expand its custody and infrastructure offerings across institutional clients.



CEO Nathan McCauley described the resolution as the outcome of years of refinement and collaboration with regulatory authorities. He credited Anchorage Digital’s early commitment to federal oversight as a competitive advantage. The firm now claims a nearly five-year lead in regulatory experience compared to newer market entrants.

Related articles

INJ price eyes $20 as Republic expands RWA with Injective

INJ price eyes $20 as Republic expands RWA with Injective

August 21, 2025
U.S. Justice Department Official Says Writing Code Without Bad Intent ‘Not a Crime’

U.S. Justice Department Official Says Writing Code Without Bad Intent ‘Not a Crime’

August 21, 2025

Anchorage Digital will benefit from increasing interest in digital asset custody among financial institutions. With the OCC order lifted, the company is free to pursue further innovation without the shadow of regulatory enforcement. This milestone reinforces Anchorage Digital’s role as a cornerstone in the evolving digital finance landscape.

 



Source link

ShareTweetShareShare

Related Posts

INJ price eyes $20 as Republic expands RWA with Injective

INJ price eyes $20 as Republic expands RWA with Injective

by J_News
August 21, 2025
0

Injective (INJ) price outlook as Republic expands RWA integration with Injective. The INJ token trades around $13.38 after dipping from...

U.S. Justice Department Official Says Writing Code Without Bad Intent ‘Not a Crime’

U.S. Justice Department Official Says Writing Code Without Bad Intent ‘Not a Crime’

by J_News
August 21, 2025
0

A senior official at the U.S. Department of Justice knew the crypto audience in Wyoming had fresh software developer convictions...

Cardano Fails To Break $1 Resistance But Remittix Attracts New Investors With Payfi Potential

Cardano Fails To Break $1 Resistance But Remittix Attracts New Investors With Payfi Potential

by J_News
August 21, 2025
0

The search for the best crypto to buy now is shifting fast. Cardano price has been observed struggling to break...

Did He Just Catch The Bottom?

Did He Just Catch The Bottom?

by J_News
August 21, 2025
0

Ethereum is stabilizing above the $4,200 level after days of sharp volatility and heavy selling pressure. The recent downturn saw...

US OCC Terminates 2022 Order Targeting Anchorage Digital Over AML

US OCC Terminates 2022 Order Targeting Anchorage Digital Over AML

by J_News
August 21, 2025
0

The US Office of the Comptroller of the Currency (OCC) said it had issued an order terminating a consent order...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

Top 10 NFTs to Watch in 2025 for High-Return Investments

What are the best Flash Loan Arbitrage Trading Bots for crypto in 2025?

The Best Cryptocurrencies to Invest in for 2025

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 2021 mtrushmorecrypto - Crypto Related News Blog