Anchorage Obtains Federal License to Operate as Crypto Bank
The U.S. Office of the Comptroller of the Currency (OCC) has granted conditional approval to crypto custodian Anchorage to launch the first federally chartered digital asset bank in the country. In a statement on Jan. 13, 2021, the OCC said the company received the national trust banking charter, which allows it to create Anchorage Digital Bank, following a thorough review of its operations. With the approval, Anchorage will now be expected to comply with the capital and liquidity requirements of the OCC and certain risk management procedures. The firm signed an agreement with the banking....
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Anchorage Digital Bank announced the introduction of global USD wire transfers, positioning itself as a leader among crypto-native institutions in the sector. As the only federally chartered crypto bank in the United States, Anchorage now offers a federally regulated platform that allows clients to manage both cash and crypto. Anchorage Digital Unveils Dual Currency Feature […]
On January 13, 2021, the US Office of the Comptroller of the Currency (OCC) announced that it had given conditional approval to Anchorage Trust Company, a chartered trust firm, to become Anchorage Digital Bank. This has made Anchorage the first cryptocurrency services provider to have received the national bank charter in the United States. The […]