OCC Raps Lender on Money-Laundering Controls: Crypto in D.C.

The U.S. Office of the Comptroller of the Currency publicly rebuked crypto lender Anchorage Digital Bank for failing to put in controls to prevent money laundering and report suspicious transactions, marking the latest sign of growing regulatory scrutiny for the industry.

U.S. Treasury Department sanctioned crypto miner BitRiver, a top data-center service provider, over the firm’s Russia operations as the Biden Administration looks to curb the use of digital assets as a path for evading sanctions imposed following the invasion of Ukraine.

A coalition of House Democrats is pressuring the Environmental Protection Agency to crack down on greenhouse gases ...