An online future for finance is inevitable, says OCC's Brooks

An online future for finance is inevitable, says OCC's Brooks

Brooks considers the migration of the financial system onto the internet "inevitable." The departing leader of the Office of the Comptroller of the Currency is convinced that the future of finance is blockchain-native, per a conversation with crypto analytics firm Elliptic on Wednesday.Described by Elliptic CEO Simone Maina as "a fairy godfather to the crypto industry," Brooks has been a leading light in U.S. federal policy towards crypto since taking over for Comptroller Joseph Otting in May. Today, he outlined views that follow an opinion piece he wrote for the Financial Times yesterday.....


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