OCC Advances Brooks Vision: Fiat Currency as a “Thing of the Past”
Continuing to establish his digital-finance legacy, Acting Comptroller Brooks’ agency today gave conditional approval for another innovative charter, this one styled as the nation’s first digital-asset banks via a new national trust bank charter. Anchorage Digital Bank is a conversion from a South Dakota-chartered trust company owned by Anchor Labs, a San Francisco based digital-currency enterprise claiming to have billions under management even though it has yet to earn a profit.