Trump Appoints Former Bitfury Executive to Lead U.S. Banking Regulator

Donald Trump nominates former Bitfury executive Jonathan Gould to lead the OCC, signaling a potential shift in banking regulation with a crypto-savvy leader.

Azcnews Breaking Trump Appoints Former Bitfury Executive To Lead U.s. Banking Regulator

Former Bitfury executive and banking regulator Jonathan Gould has been nominated by Donald Trump to lead the Office of the Comptroller of the Currency (OCC), the top U.S. banking oversight agency.

On February 11, the White House submitted Gould’s nomination to the Senate. If confirmed, he will serve a five-year term as Comptroller of the Currency.

Gould, previously Chief Legal Officer at blockchain infrastructure firm Bitfury, is currently a partner at the law firm Jones Day. He also held key roles in the OCC during Trump’s first administration, serving as Senior Deputy Comptroller and Chief Counsel from late 2018 to mid-2021. Before that, he was a director at BlackRock from 2014 to 2018.

Jonathan Gould (pictured) Served In The Occ Under Trump’s Last Administration
Jonathan Gould (pictured) Served In The Occ Under Trump’s Last Administration

The OCC regulates and supervises national banks in the U.S. Federal Reserve System, including major institutions like JPMorgan Chase and Bank of America, ensuring the stability and security of the banking sector.

Kristin Smith, CEO of the Blockchain Association, praised Gould’s appointment on X, calling him a “fantastic choice for Comptroller of the Currency,” emphasizing that his crypto industry background makes him well-equipped to lead the agency effectively.

Avichal Garg, co-founder of investment firm Electric Capital, also welcomed the nomination, describing it as “a very positive development” for fintech and crypto entrepreneurs seeking better access to financial services.

(2 votes)

4.0/5

(2 votes)

Latest

BingX Rebate 50% with AZC.News

News | PRESS RELEASES

BingX Rebate Program 2025: Earn 50% Cashback via AZC.News

Get a 50% trading fee rebate on BingX when you sign up through AZC.News. Enjoy lifetime cashback and reduced trading costs with every transaction.

Bitcoin Surges 6% To Reclaim $90,000

News | Bitcoin | Editor Choice

Bitcoin Surges 6% to Reclaim $90,000: 3 Key Drivers Behind the Rally

Bitcoin unexpectedly surged 6% to reclaim the $90,000 level within 24 hours, driven by improving market sentiment, a wave of short position liquidations, and strong inflows into Bitcoin ETFs.

Yzi Labs Pressures Bnb Network For A Complete Leadership Overhaul

News | Altcoin | Editor Choice

YZi Labs Pressures BNB Network for a Complete Leadership Overhaul

The power struggle at BNB Network has erupted as YZi Labs launches a surprise move to oust the leadership, accusing the company of chaotic governance and severely eroding shareholder value.

Bitcoin Loses Momentum As Spot Buyers Hold Back

News | Bitcoin | Editor Choice

Bitcoin “Loses Momentum” as Spot Buyers Hold Back

Bitcoin struggles between $84,000 and $96,000 as weak buying pressure leaves the market on edge, waiting for cues from the upcoming FOMC meeting.

Upbit Loses $37 Million In Solana Hack

News | Editor Choice | Policy & Regulations

Upbit Loses $37 Million in Solana Hack

Upbit has suffered a $37 million hack on the Solana network, forcing the exchange to suspend all deposits and withdrawals while launching emergency measures to trace the stolen funds and protect customer assets.

BingX Rebate 50% with AZC.News