Anchorage Digital has moved to the order of its American banking regulator according to which he institutes a program of conformity to protect against money laundering abuse, with the office of the money controller (OC) Announcement of the abolition of the ceasefire prescription originally issued in 2022.
“OCC estimates that the security and solidity of the bank and its compliance with laws and regulations do not require the continuous existence of the order,” he said during the termination announced on Thursday.
The CEO of Digital Anchorage, Nathan McCauley, who has become a high -level representative of cryptographic interests in Washington, described the action to apply regulatory “feedback” to celebrate his withdrawal.
“We have received – and we have now resolved – regulators’ comments while we set the standard for federal digital assets,” he said in a missive on the company’s website on Thursday, in which he called digital anchorage “The most regulated digital asset bank”.
The OCC and other American banking regulators have, since the start of the second administration of President Donald Trump, have sought to relax the constraints of enterprises in the cryptographic industry. The chief of the New OUC, Jonathan Gould, who was sworn in last month, was a veteran of the agency who also worked in the private sector as a legal director of Bitfury.
Digital Anchorage was the first crypto bank to win a full -fledged banking charter by the agency that regulates national banks, and after that, this window closed for a certain time as regulators during the mandate of President Joe Biden considered industry with more suspicion.
More recently, digital asset transmitters, including Circle, Ripple and Paxos, have again started to apply to the Occ to start the banking process.
