USA Senate confirms Jonathan Gould, former Executive Blockchain, as the new director of the West

He Senate American confirms Jonathan Gould as the new director of the Occ This in a key vote for the crypto sector.

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• Gould has experience after passing through Bitfury and previous roles in the Occ.
• The Lummis senator changed her initial vote against after discussions about Stablecoins.
• This coincides with advances in crypto legislation and more open positions of the Occ Towards digital assets.

Senate confirms former sector executive Blockchain, Jonathan Gould to direct the Currency Comptroller Office (Occ).

For new readers on the subject, the Occ It is a federal agency that supervises national banks in the US.

Context of the Currency Comptroller Office (OCC)

The Occ It issues rules and takes actions against banks that fail to meet them. Supervises federal savings associations as well. This ensures stability in the banking system.

In crypto, the Occ It has clarified allowed activities for banks interested in the sector, among which it includes custody of digital assets. According to the official site of the agency, banks can handle crypt with adequate risk measures.

The agency promotes financial innovation, so it addresses the Fintech and sectors Blockchain. It does not install external packages, but guide in safe uses. The Occ He plays a key role in bank policies, since he also seeks to integrate digital assets into traditional regulations. This benefits users interested in these technologies.

Background of Jonathan Gould

As for Jonathan Gould, he served as a senior attached comptroller for the Occ. He also held the position of legal advisor there between 2018 and 2021.

After his departure from the Occ joined Bitfury as legal director, supporting projects related to hardware and mining software Bitcoin.

Additionally, Gould worked at Alston & Bird and Promontory Financial, as well as for Blackrock. Your experience covers regulated services.

His return to Occ He began with the nomination of President Donald Trump, who proposed it as director for the agency in February this year. All his experience outlifters him as a director for the agency with extensive knowledge about the sector Blockchain, crypto and the financial sector, which is combined interesting with its trajectory within the American regulator.

Gould’s choice

As for your choice, the Senate approved the nomination with 50 votes in favor vs 45 against, according to review The Block. The short margin of difference evidences political divisions between legislators, especially taking into account the importance of the Occ for the financial management of the nation.

Among the votes against Senator Cynthia Lummis, who appears as one of the main defenders of the crypto sector today. Currently, it promotes some legislative proposals to bring more clarity to the space of digital currencies.

For now, it remains to be seen what the official position of GOULD will be in charge of the Occ especially in crypto, now that this issue is of deep relevance to the US government amid the progress of several legislative projects ..

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WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.

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