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Texas Lawmakers Introduce Bill Proposing to Establish a Gold-Backed Digital Currency
8.4.2023
Two Republican lawmakers from Texas, senator Bryan Hughes and representative Mark Dorazio, have introduced legislation to create a gold-backed digital currency that could be enacted by the state legislature. The policymakers believe that this currency could greatly benefit the Lone Star State...
US currency comptroller to up its game with new Office of Financial Technology in 2023
27.10.2022
The OCC said it will incorporate its six-year-old Office of Innovation into a new agency that will help it deepen its understanding of fintech and promote responsible innovation
Former currency comptroller to become CEO of Binance.US crypto exchange
20.4.2021
Former top U.S. banking regulator Brian Brooks is joining the U.S. affiliate of the world’s largest cryptocurrency exchange as its new CEO
Biden Administration Reported to Be Lining up a Former Ripple Advisor as the Next Bank Regulator
22.1.2021
Micheal Barr, the former member of Ripple’s board of advisors, is set to become the United States’ next banking regulator, according to a report. A former assistant treasury secretary, Barr will become the second individual with crypto connections to lead the Office of Currency...
OCC’s Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away
19.11.2020
Bitcoiners on social media have panned remarks by acting U.S. currency comptroller Brian Brooks that bitcoin is owned by China due to the country’s disproportionate share of the crypto’s mining power. The bitcoiners argue that the disproportionate number of miners stationed in China...
Mainstream DeFi is ‘inevitable’: US currency comptroller
21.10.2020
The U.S acting comptroller of the currency believes the role banks play in society will soon be transformed by crypto assets and DeFi
Markets will decide on regulations, not the government: Currency Comptroller
7.10.2020
The government is great at setting up regulatory frameworks, not building products, says Currency Comptroller Brian Brooks