The U.S. Senate confirmed Jonathan Gould as head of the Office of the Comptroller of the Currency (OCC) following a vote.
Gould's Confirmation Process
Jonathan Gould was confirmed as head of the OCC by the U.S. Senate with a 50-45 vote. Gould previously served as the legal officer for Bitfury and is a partner at the law firm Jones Day, having worked at OCC in earlier roles from 2018 to 2021.
Changes in OCC Leadership
With Gould's confirmation, acting OCC head Rodney Hood is expected to step down. This appointment is part of leadership changes occurring at key U.S. regulators under the Trump administration, with many experts noting that current nominations may align with crypto industry interests.
Legislative Initiatives in the Crypto Market
Senators aim to prepare and introduce a bill to establish a market structure for digital assets by September 30. This is a key initiative supported by the crypto industry, while House Republicans plan to advance a proposed market structure bill, the CLAIRTY Act.
Jonathan Gould's appointment as OCC head may represent a significant step in shaping the regulatory landscape for cryptocurrencies in the U.S. Upcoming legislative initiatives are also expected to impact the industry's development.
