U.S. Senate confirms former blockchain industry executive Jonathan Gould as OCC director

Odaily News The U.S. Senate voted 50 to 45 to confirm Jonathan Gould, former chief legal officer of Bitfury, as the director of the U.S. Office of the Comptroller of the Currency (OCC). The nomination will be sent to President Trump for final approval. Gould served as chief counsel and deputy director of the OCC. This year, the OCC has taken more crypto-friendly measures, including allowing U.S. banks to self-operate crypto assets. At the same time, the House of Representatives is accelerating the legislation of stablecoins. Next week, it will hold a Crypto Week to review the GENIUS Act, which requires stablecoins to be fully collateralized by highly liquid assets such as the U.S. dollar and conduct annual audits of issuers with a market value of more than $50 billion.