OCC’s New Chief Could Redefine Crypto-Banking Relations in the U.S.
The post OCC’s New Chief Could Redefine Crypto-Banking Relations in the U.S. appeared on BitcoinEthereumNews.com.
Jonathan Gould’s appointment as Comptroller of the Currency is expected to shift the regulatory landscape for crypto in U.S. banking, raising both industry hopes and concerns over centralizing federal oversight. Jonathan Gould Confirmed as New OCC Head The U.S. Senate has confirmed Jonathan Gould as the new Comptroller of the Currency, a pivotal role in the country’s financial regulatory framework. Gould, a former senior executive at blockchain infrastructure firm Bitfury, secured the position following a narrow 50-45 Senate vote, marking another key appointment under President Donald Trump’s administration aimed at reshaping crypto regulation in the United States. The Office of the Comptroller of the Currency (OCC), a bureau within the U.S. Treasury, plays a vital yet often understated role in overseeing national banks and shaping federal policy on financial innovation, including digital assets. Gould’s confirmation is expected to influence how traditional banking institutions interact with cryptocurrencies over the next five years. Crypto-Friendly Track Record Jonathan Gould brings a history of crypto advocacy to the OCC. During his previous tenure at the agency, Gould served as senior deputy comptroller and chief counsel, working under Acting Comptroller Brian Brooks. Brooks, known for his pro-crypto stance, championed regulatory frameworks that opened doors for digital asset firms, including granting Anchorage Digital the first federal crypto bank charter. After Brooks left to head Bitfury, Gould followed, serving as the company’s chief legal officer. At the OCC, Gould had previously supported policies enabling U.S. banks to offer crypto custody services and backed early moves towards integrating digital assets into regulated financial infrastructure. His return could set the stage for further initiatives aimed at expanding banks’ roles in the crypto economy, particularly in areas like stablecoin management and Bitcoin ETF options trading. Regulatory Balance and Centralization Concerns While Gould’s appointment has been welcomed by parts of the…
Filed under: News - @ July 12, 2025 11:29 am