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21 Aug 2025

Regulators Across Agencies Evolve into a Pro-Crypto Stance

This week makes it clear - regulators across the OCC, Federal Reserve, SEC, and CFTC have struck a noticeably friendlier tone toward crypto. In trending topics we cover Strategy’s mNAV controversy and why treasury firms may trade below NAV.
TWIC@2x
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OCC lifts consent order against Anchorage
The Office of the Comptroller of the Currency (OCC) has lifted its 2022 consent order against Anchorage Digital, the first and only federally chartered crypto bank in the U.S., which had been imposed over concerns with its anti-money laundering and KYC compliance. The decision reflects a broader regulatory shift under the Trump administration, including rescinding restrictive guidance and clarifying rules for banks holding digital assets. Anchorage’s CEO, Nathan McCauley, emphasized the bank’s role in setting compliance standards and welcomed competition from other crypto firms now pursuing national trust charters.
Pro Stablecoin Fed Governor
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