The Senate chooses a chair in support of Crypto to oversee national banks star-news.press/wp
Jonathan Gold, a former BitFury executive and Crypto ally, has passed a vote in the Senate to become the next president of OCC. In this role, it can make national banking policy more suitable for encryption.
President Trump Gold chose to work months ago, and he may open up new opportunities. However, its role may increase the centrality of the authority on encryption, a step that can bring in reverse results.
It is likely to become the OCC chair
The Currency Observer Office (OCC), an office within the US Treasury, is an important but important part of the federal financial organization.
In recent months, for example, BTC ETF options trading has been enabled and allowed banks to expand encryption nursery services. Today, the Senate voted on the assertion of Jonathan Gold as the next president of OCC:
GOULD has a long profession in industry: before his nomination for OCC, he was the chief legal official of Bitfury, a Blockchain infrastructure company.
President Trump chose to head this office several months ago, and his imminent confirmation may accelerate many distinct policy issues.
OCC is mainly responsible for overseeing the American banking sector, which can give GOULD a lot of impact on encryption during its five -year period. During his previous time as the chief adviser to OCC, he was in support of the friendly Stablecoin list.
Now he has been appointed to assume responsibility in OCC, it could be Gold more Enhancing integration between encryption and banking services. It will be one of the possible measures to support this The Stablecoins Advertisement is an integral part of the financial infrastructure or the issuance of pro -Crypto guidelines.
This is a significant improvement of regular Debanking campaigns a few years ago.
Still, there are a few Fears This strategy may have a large negative aspect. If GOULD moves to make OCC the Pro-Crypto tool, the regulatory authority will focus away from state control.
However, if the political anti -Chipto political figures acquire the federal system, it will be difficult for the local judicial states to continue their supportive policies.
In the end, though, it is difficult to predict the long -term political repercussions at this very unstable moment.
Disintegration
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2025-07-11 00:12:00
