The Office of the Comptroller of the Currency (OCC) has officially lifted its 2022 consent order against Anchorage Digital Bank, paving the way for increased institutional support in cryptocurrency custody services. This move not only strengthens Anchorage’s regulatory standing but also signals a potential boost to funding flows in the digital asset space. The OCC’s decision comes after Anchorage addressed compliance concerns with anti-money laundering protocols and demonstrated a commitment to meeting federal banking standards. CEO Nathan McCauley emphasized that regulatory adherence will contribute to broader crypto banking credibility. Anchorage, with its federally chartered status as a digital asset bank, stands poised for increased institutional investment in Bitcoin, Ethereum, and stablecoin assets, potentially leading to accelerated growth in the sector.