The US Senate has confirmed Jonathan Gould as head of the Office of the Comptroller of the Currency (OCC) by a vote of 50-45, a step with significant implications for cryptocurrency regulation in the country.
Confirmation of the Appointment
Gould was confirmed by the Senate following his nomination by President Donald Trump in February. The dossier was sent to the President for final signature.
Jonathan Gould's Previous Experience
Before taking the position at OCC, Gould served as general counsel at Bitfury, a blockchain technology developer. He also held the role of senior vice president and general counsel at the OCC.
Cryptocurrency Regulation and Future Plans
Gould's confirmation coincides with active steps by the US Congress towards cryptocurrency regulation. Next week, discussions on the GENIUS Act, a stablecoin bill, are scheduled, proposing full backing of stablecoins with US dollars. The OCC continues to take steps towards supporting crypto assets in banking by allowing banks to trade cryptocurrency on their behalf.
The appointment of Jonathan Gould as head of the OCC reflects the US's commitment to clearer cryptocurrency regulation and the creation of conditions for the sustainable development of this market.
