Binance Hires Legacy Bank Regulator Brian Brooks
Major bitcoin exchange Binance has hired former U.S. Treasury official Brian Brooks, who oversaw pro-Bitcoin regulation while in office.Binance, one of the world’s biggest bitcoin exchanges, has reportedly hired former Acting Comptroller of the Currency Brian Brooks as the chief executive of its U.S. affiliate Binance.US. Brooks is set to assume the new role beginning May 1. From May 2020 to January 2021, Brooks served in the Donald Trump administration as the lead of the Office of the Comptroller of the Currency (OCC), a branch of the U.S. Department of the Treasury that is charged with....
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Outgoing U.S. President Donald Trump has nominated Acting Comptroller Brian Brooks to take on a more permanent role leading the bank regulator.
Brian Brooks, CEO resigned as CEO of Binance.US this Friday. This may be due to recent crackdowns posed by many superpowers, the U.S. included. Crackdowns such as these continue to pose many problems for Binance.US. Differing opinions on how to address crypto-crackdowns have led to confusion and very possibly Brooks’ resignation. In his most recent […]
A former top regulator and acting head of the U.S. Comptroller of the Currency, Brian Brooks has been appointed the CEO of crypto exchange Binance.us. Brooks will lead the exchange on May 1st and replace the company’s current lead, Catherine Coley. Binance has hired an individual with ties to Washington, as the company’s American trading platform Binance.us will have Brian Brooks lead the exchange. According to the Wall Street Journal’s Alexander Osipovich, the former acting boss of the Office of the Comptroller of the Currency (OCC) will join the exchange at the end of....
The Acting OCC head will reportedly end his brief tenure running the federal banking regulator by the end of the week.
Changpeng Zhao said Brooks stepping down would not "impact Binance.US customers in any way." The cryptocurrency community has different thoughts. After serving as the chief executive officer of major cryptocurrency exchange Binance.US for less than four months, Brian Brooks announced Friday he would be stepping down — a move that was greeted with confusion and suspicion from the crypto community. Citing “differences over strategic direction,” the now-former CEO said he had already resigned his position at Binance’s U.S. arm. Brooks had been leading the crypto exchange since replacing....