Binance.US Hires Former Bank Regulator Brian Brooks as CEO, Former Head Coley to Depart
The Trump administration's Acting Comptroller of the Currency has joined the U.S. affiliate of the world's largest crypto exchange.
Brooks had some choice words for U.S. policymakers in an appearance Thursday at Consensus 2021.
Building central bank digital currencies is not the American way, said the former Acting Comptroller of the Currency on CoinDesk TV today.
“It really comes down to coordinating across the agencies,” said the acting comptroller. "There is interest in coordinating a lot more of these things.”
"We created an Office of Innovation, updated the framework for chartering national banks and trust companies, and interpreted crypto custody services as part of the business of banking. I have asked staff to review these actions," Acting Comptroller Michael Hsu said.
Hsu was part of the Fed's bank supervision division. Brooks, now CEO of Binance.US, pushed crypto-friendly rules while in D.C.