• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Why was an investigation into the crypto bank?
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Regulations, Law & Policy > Why was an investigation into the crypto bank?
Regulations, Law & Policy

Why was an investigation into the crypto bank?

vitalclick
Last updated: April 16, 2025 10:55 pm
1 month ago
Share
SHARE

The US Internal Security Department has reported that Anchorage Digital Bank, which operates in the field of crypto assets, is under the spotlight. According to Barron’s news, El Dorado is carried out within the scope of the mission force, the fight against money laundering and other financial crimes.

Anchorage investigationPrevious regulatory interventions

Anchorage investigation

News sources, US internal security officers by making talks with Anchorage digital bench employees examined the bank’s practices, he said. While the exact reason for the investigation has not yet been announced, the information was obtained from anonymous sources. While the bank officials preferred to make any comments on the issue, no official statement was made from the internal security officials.

Previous regulatory interventions

In 2022, the US Monetary Inspection Office (OCC) was regulated by Anchorage on the grounds that there were control deficiencies in preventive money laundering such as customer review and suspicious transaction tracking. In the process followed by the OCC, the bank was warned on the grounds that the Bank Privacy Law was violated. The Bank stated that it has gone to improved in the specified areas and has started to implement new standards for crypto assets.

In parallel, Nathan McCauley, CEO of Anchorage Digital Bank, said that a US bank, which was previously within the scope of long -term business partnership, has ended banking services for no reason. Below is the explanation expressed by McCauley:

“Our story is quite ridiculous. – Nathan McCauley

According to CEO McCauley’s statement, the sudden service deduction of the bank is considered a situation that has led to uncertainties in the company’s financial operations. This development is in parallel with the increase in coordinated intervention allegations called “Choke Point 2.0 ve in the same period.

It is said that the investigation aims to comply with the company’s applications as well as to adapt to the regulatory framework. Authorities, while sharing more details about the issue, in the light of the current information and financial arrangements in the light of the work continues.

Differences of opinion and the developing process are closely related to stakeholders in the financial sector. While the relevant institutions are expected to take more careful steps in order to prevent disruptions that may occur in banking practices and crypto asset management, the effects of the current investigation may occur more clearly in the future.

In the light of data that can be recovered, it is seen that regulatory institutions closely follow the practices in the digital asset sector. This is important in terms of strengthening the control mechanisms in the development process of the sector and taking into account the demands of financial transparency.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

You Might Also Like

Chris Larsen Endorses Kamala Harris

Ripple CEO and Today’s SEC Statements

It will not work: Why does the Senate insist on the crypto currency law?

Recent Developments in Digital Yuan in China

Revealed by Undercover FBI Operation! A Scandal Erupted with This Ethereum-Based Altcoin!

TAGGED:law
Share This Article
Facebook Twitter Email Print
Previous Article Can Ether Bulls Seize the Opportunity? 
Next Article What is the justification of the analyst who says Dogecoin (Doge) will reach $ 0.8?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?