3 hours ago
The archetypal U.S.-chartered crypto slope had been resolving the agency's requirements to hole anti-money laundering controls since 2022.
Aug 21, 2025, 4:32 p.m.
Anchorage Digital has moved retired from nether its U.S. banking regulator's bid that it institute a compliance programme to support against money-laundering abuses, with the Office of the Comptroller of the Currency (OCC) announcing the removal of the cease-and-desist bid primitively issued successful 2022.
"The OCC believes that the information and soundness of the slope and its compliance with laws and regulations does not necessitate the continued beingness of the order," it said successful the termination announced connected Thursday.
Anchorage Digital CEO Nathan McCauley, who has emerged arsenic a high-profile typical of crypto interests successful Washington, framed the enforcement enactment arsenic regulatory "feedback" successful celebrating its removal.
"We received — and person present resolved — feedback from regulators arsenic we acceptable the modular for federally chartered custody of integer assets," helium said successful a Thursday missive connected the company's website, successful which helium called Anchorage Digital "the world’s astir regulated integer plus bank."
The OCC and different U.S. banking regulators have, since the commencement of President Donald Trump's 2nd administration, sought to unbend constraints connected crypto manufacture businesses. New OCC chief Jonathan Gould, who was sworn successful past month, was an bureau seasoned who has besides worked successful the backstage assemblage arsenic main ineligible serviceman for Bitfury.
Anchorage Digital was the archetypal crypto slope to triumph a full-fledged banking charter from the bureau that regulates nationalist banks, and aft it did so, that model had closed for a clip arsenic the regulators during President Joe Biden's tenure viewed the manufacture with much suspicion.
More recently, integer assets issuers including Circle, Ripple and Paxos person again started applying to the OCC to commencement the bank-charter process.
Jesse Hamilton
Jesse Hamilton is CoinDesk's lawman managing exertion connected the Global Policy and Regulation team, based successful Washington, D.C. Before joining CoinDesk successful 2022, helium worked for much than a decennary covering Wall Street regularisation astatine Bloomberg News and Businessweek, penning astir the aboriginal whisperings among national agencies trying to determine what to bash astir crypto. He’s won respective nationalist honors successful his reporting career, including from his clip arsenic a warfare analogous successful Iraq and arsenic a constabulary newsman for newspapers. Jesse is simply a postgraduate of Western Washington University, wherever helium studied journalism and history. He has nary crypto holdings.
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Crypto Exchange Gemini Secures MiCA License successful Malta, Expands European Footprint
The support is simply a important measurement successful Gemini’s EU strategy, allowing the steadfast to rotation retired its trading products and services to customers crossed the region.
What to know:
- Gemini has secured a MiCA licence from the Malta Financial Services Authority.
- The support follows Gemini’s MiFID II licence triumph successful May and the motorboat of tokenized stocks successful Europe.
- The speech says the determination reinforces its absorption connected compliance and positions it to rotation retired caller products, including derivatives, nether the EU’s harmonized crypto rules.
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