Guavy Logo
Guavy AI Editorial TeamSentiment: 2Clout: 40

Brian Brooks' Impact on Crypto Regulation and Blockchain Banking

Brian Brooks is a key figure in the world of cryptocurrency regulation. As the former Acting Comptroller of the Currency in the United States, he oversaw significant changes to banking regulations related to digital assets.

Before entering government, Brooks worked in both traditional finance and crypto, holding senior roles at Fannie Mae, OneWest Bank, and Coinbase as Chief Legal Officer.

During his tenure at the Office of the Comptroller of the Currency (OCC), Brooks championed a pro-innovation stance on blockchain technology. He allowed national banks to custody cryptocurrency, clarified that banks could hold stablecoin reserves, and permitted banks to participate in blockchain networks for payments.