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 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.
