Brian Brooks, the acting head of the Office of the Comptroller of the Currency (OCC) under Donald Trump’s administration, noted in a Wall Street Journal report today that he would be working as Binance US CEO on May 1, 2021.
Brooks’ Career at the OCC
During his tenure as acting head at the OCC, Brooks was friendly toward cryptocurrencies despite Trump’s public dislike for the asset class, especially Bitcoin.
The regulator’s support for crypto assets earned him the title “CryptoComptroller” across various social media platforms. One of the measures he took in support of cryptocurrencies was to allow financial institutions in the country to hold the assets on behalf of their customers.
The move contributed to the growing interest in Bitcoin (BTC) among U.S.-based banks and institutions.
Brooks was also in charge of the OCC when banks were given the green light to use stablecoins such as USDT, USDC, Dai, among others, to conduct payment activities and other bank-permiss
Źródło: https://cryptopotato.com/binance-us-appoints-former-occ-head-brian-brooks-as-ceo/
