U.S. Senate Confirms Former Bitfury Executive Jonathan Gould as OCC Comptroller
According to The Block, the U.S. Senate has voted to confirm Jonathan Gould, former Chief Legal Officer of Bitfury, as the Comptroller of the Currency (OCC), with a vote of 50 in favor and 45 against. The nomination will be submitted to President Trump for final approval. Gould previously served as Senior Deputy Comptroller and Chief Counsel at the OCC. Senator Cynthia Lummis initially had reservations but ultimately voted in favor. As the U.S. national bank regulator, the OCC is responsible for overseeing Federal Reserve System member banks such as JPMorgan Chase and Bank of America. This year, it has adopted several crypto-friendly policies, including explicitly allowing banks to buy and sell crypto assets for themselves and removing the "reputational risk" language from the supervisory manual, but emphasizing that banks still need to properly manage the relevant risks. [ChainCatcher]
U.S. Senate Confirms Former Bitfury Executive Jonathan Gould as OCC Comptroller
According to The Block, the U.S. Senate has voted to confirm Jonathan Gould, former Chief Legal Officer of Bitfury, as the Comptroller of the Currency (OCC), with a vote of 50 in favor and 45 against. The nomination will be submitted to President Trump for final approval. Gould previously served as Senior Deputy Comptroller and Chief Counsel at the OCC. Senator Cynthia Lummis initially had reservations but ultimately voted in favor. As the U.S. national bank regulator, the OCC is responsible for overseeing Federal Reserve System member banks such as JPMorgan Chase and Bank of America. This year, it has adopted several crypto-friendly policies, including explicitly allowing banks to buy and sell crypto assets for themselves and removing the "reputational risk" language from the supervisory manual, but emphasizing that banks still need to properly manage the relevant risks. [ChainCatcher]
