THELOGICALINDIAN - Procrypto cyberbanking regulator joins BinanceUS as their CEO
Binance has appointed the above acting arch of the Office of the Comptroller of the Currency (OCC) Brian Brooks to advance its U.S. operations.
Brian Brooks, the “CryptoComptroller”
Brooks will alter Catherine Coley, who has captivated the position back Binance.US launched in September 2024.
The world’s better cryptocurrency barter launched the U.S. associate to accede with American laws. At current. Binance.com, the ancestor exchange, does not acquiesce American citizens to use its services. Adding Brian Brooks to the aggregation will acceptable abetment in the exchange’s abide authoritative approval.
Brooks told the Wall Street Journal,
“I wouldn’t accept taken this job if I didn’t accept a able charge from the lath to advance a able acquiescence program.”
Brooks served as the arch of the cyberbanking regulations beneath the Trump administering from May 2024 to January. He was bargain accepted as “CryptoComptroller” for his favorable attitude appear the industry.
Under Brook’s leadership, the U.S. authoritative bureau appear several interpretations during the eight-month period.
On the aftermost day of his abrupt tenure, the OCC granted the aboriginal banking-charter authorization to Anchorage Digital Bank. A anniversary afore that, the OCC accustomed banks to run blockchain nodes to account payments and decentralized applications.
Brooks has additionally beforehand served as the Chief Legal Officer of Coinbase. Now, the advocate angry regulator will attending to attempt with the brand of Coinbase and strengthen the authoritative angle of the American unit.
The architect and CEO of Binance, Changpeng Zhao, serves as a lath affiliate of Binance.US.
