Per OCC, Anchorage went through the same rigorous review process of all charter applications.
Brian Brooks, OCC acting chief, believes that fiat currencies will soon become antiquated.
The Office of the Comptroller of the Currency (OCC) has granted Anchorage a federal charter to operate as a national crypto bank. This news was shared on January 13 through a press release, noting that the OCC made this decision after a thorough review of Anchorage Trust Company and its operations.
While OCC’s approval for the conversion of Anchorage Trust Company to Anchorage Digital Bank was conditional, it made Anchorage the first digital asset bank in the US.