Anchorage Bank get a Consent Order from OCC

[Michael Hiles]

Anchorage Bank has been a bright spot in the nexus of crypto and banking. But it appears they're still lacking in the BSA KYC/AML area, which has been a massive issue with cryptocurrency in general. Now the OCC has stepped in slapping them with a Consent Order.

https://www.occ.treas.gov/news-issuances/news-releases/2022/nr-occ-2022-41.html