Anchorage Digital moved under his order from the US bank regulator. (OCC) Announcing the elimination of the cessation and withdrawal order originally issued in 2022.
“The Occo believes that the safety and solidity of the bank and its compliance with laws and regulations do not require the continuous existence of the order,” he said at the termination announced on Thursday.
The CEO of Anchorage Digital, Nathan McCauley, who has become a high -profile representative of cryptographic interests in Washington, framed the application action as regulatory “feedback” to celebrate its elimination.
“We receive, and now we have resolved, comments from the regulators as we establish the standard for the custody of the federal digital assets,” said Thursday on the company’s website on the company’s website, in which he called Anchorage Digital, “the most regulated digital asset bank in the world.”
The West and other US banking regulators, since the beginning of the second administration of President Donald Trump, have tried to relax the limitations in the companies of the cryptographic industry. The new head of the Occ, Jonathan Gould, who swore last month, was a veteran of the agency who also worked in the private sector as Legal Director of Bitfury.
Anchorage Digital was the first cryptographic bank to win a complete banking letter from the agency that regulates national banks, and after doing so, that window had closed for a while when the regulators during the mandate of President Joe Biden saw the industry with more suspicions.
More recently, digital assets, including Circle, Ripple and Paxos, have begun to apply again to the OCC to start the Charter Bank process.
