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Nalezeno "Brian Brooks": 61

A Crypto Ally as Top US Bank Regulator?

19.11.2020
President Trump has nominated former Coinbase counsel Brian Brooks to a full five-year term as Comptroller of the Currency, but will he be confirmed in time?

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...

Crypto-Friendly Brooks Gets Nod to Serve 5-Year Term Leading Bank Regulator

17.11.2020
Outgoing U.S. President Donald Trump has nominated Acting Comptroller Brian Brooks to take on a more permanent role leading the bank regulator

US Representatives Rip OCC, Brooks for ‘Excessive Focus’ on Crypto

11.11.2020
Congressional Democrats blasted the OCC and Acting Comptroller Brooks for spending time on crypto during a pandemic

OCC's Brian Brooks testifies to the importance of crypto before US Senate

10.11.2020
The Acting Comptroller of the Currency presented the growing role of crypto in general and stablecoins in particular to the Senate today

US Banks Could Seek to Partner With or Buy Crypto Custodians, OCC’s Brooks Says

31.10.2020
The OCC's July ruling that allowed banks to provide custody spurred the newfound interest, Brooks said

OCC’s Brian Brooks Against Government Issued Digital Dollar – Supports Regulation of Privately Issued Stablecoins

31.10.2020
The acting director of the U.S. Office Comptroller of Currency (OCC) Brian Brooks says the creation of the U.S. digital dollar is a terrible one because the government is not good at building things. Instead, Brooks believes tech companies, which already possess the know-how, to be in a better...

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

US Banks Can Now Hold Reserves for Stablecoin Issuers, Says Federal Banking Regulator

22.9.2020
The U.S. Office of the Comptroller of the Currency (OCC) on Monday published a letter clarifying that national banks and federal savings associations can now hold reserves for stablecoin issuers in the country. According to the OCC’s interpretive letter, reserve accounts can either be funded...

Microstrategy’s $250 Million Bitcoin Buy Consequential

2.9.2020
When a publicly owned company decides to invest about $250 million in an asset that was widely attacked more than a decade ago, it says a lot about how the world has changed. The reasons and the timing of Microstrategy’s bitcoin incursion could not have come at a better time for...

OCC Chief Says Americans Gravitating Toward Digital Currencies: Urges Banks to Embrace Innovation

21.8.2020
Brian Brooks, the acting comptroller of currency at the U.S. Office of Comptroller of Currency (OCC), says America must adopt digital currency payment rails if the country hopes to compete with global payment rails in the future. He insists changing consumer needs must be prioritized over...

Banks in US Can Now Offer Crypto Custody Services, Regulator Says

22.7.2020
U.S. regulators have cleared the way for national banks to provide cryptocurrency custody services on behalf of customers

US Banking Regulator Greenlights Crypto Custody at Federally Chartered Banks

22.7.2020
The office of the U.S. Treasury that handles banks has issued a determination on the long-debated subject of custodying crypto assets

Bitcoin-Friendly Top US Banking Regulator Aims to Solve Banks’ Problems With Decentralization

14.6.2020
The new top banking regulator for the Trump administration sees “huge and great promise” in cryptocurrency. Focusing on decentralized networks, bitcoin, and rewriting existing regulations, he shares his views on cryptocurrency and the creation of the digital dollar. Top US Banking...