Anchorage Digital Regains Full Federal Standing as OCC Lifts 2022 Compliance Order

Anchorage Digital has emerged from federal scrutiny after the Office of the Comptroller of the Currency (OCC) terminated a 2022 compliance order targeting its anti-money laundering and know-your-customer programs. The OCC determined the crypto bank now meets all necessary standards for risk and compliance controls, marking a significant milestone for the firm.

The decision restores Anchorage Digital's status as the nation's only federally chartered crypto bank, a position it first achieved by securing a historic national banking charter. Regulatory approval follows a comprehensive overhaul of the company's compliance systems, signaling growing institutional acceptance of digital asset custodians.

This development strengthens the regulatory framework for cryptocurrency banking in the U.S. and may pave the way for other digital asset firms seeking federal charters. The OCC's action reflects measured confidence in crypto banking infrastructure as the industry matures.