OCC Lifts Consent Order Against Anchorage Digital

According to PANews, the U.S. Office of the Comptroller of the Currency (OCC) has announced the termination of a cease-and-desist consent order against crypto bank Anchorage Digital. This order was initially issued in 2022 due to non-compliance with anti-money laundering regulations. Anchorage Digital has now met the necessary compliance requirements, leading the OCC to conclude that the order is no longer needed. Anchorage Digital provides custodial services for BlackRock's Bitcoin and Ethereum spot ETFs.