Former currency comptroller to become CEO of Binance.US crypto exchange
April 20, 2021. Summarized by summa-bot.
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Brian Brooks, the former acting comptroller of the currency of the U.S. OCC, is set to become the new CEO of major crypto exchange Binance.US.
609 Total views 6 Total shares Brian Brooks, the former acting comptroller of the currency of the United States Office of the Comptroller of the Currency, is set to become the new CEO of major cryptocurrency exchange Binance. US. According to a Tuesday announcement, Brooks will replace current Binance. US CEO Catherine Coley effective May 1, 2021.
Referred to in the community as the “first fintech Comptroller” and “Crypto Comptroller,” Brooks served as acting comptroller of the currency from May 2020 to January 2021. Binance CEO and founder Changpeng Zhao said that Brooks’ expertise and knowledge will be invaluable as Binance. US continues to expand.
Binance. US’ ability to attract an executive of Brian’s caliber is a testament to the strength of its platform,” he said. In an interview with The Wall Street Journal, Brooks said that his priorities at Binance. US would include making the exchange a strong competitor of Coinbase as well as reinforcing its commitment to regulatory compliance. “We are at the cusp of mainstream adoption of blockchain technology and digital tokens by individuals, institutions, and governments alike.
I am eager to work closely with industry participants and policymakers to develop an enduring regulatory framework that enables Americans to reap the benefits of decentralized finance for generations to come,” Brooks stated. Binance launched its U. S. affiliate in September 2019.