The US Acting Comptroller of the Currency on Crypto Banks


In this Podcast, the founder and host Laura Shin interviews Brian Brooks, the current United States Acting Comptroller of Currency and former Chief Legal Officer at cryptocurrency exchange Coinbase.

He discusses:

● Whether or not banks have always had the authority to custody crypto for their customers.

● How he expects things to unfold in the coming years as banks begin to become more involved in crypto custody.

● His thoughts on Kraken and others launching crypto banks and whether it will lead to the founding of other crypto banks.

● Whether or not OCC regulations cover DeFi, and the regulatory challenges that open-source protocols present.

● Whether he sees a time when governments and regulators participate in the governance of crypto platforms.

● What roles he thinks public and private sectors, as well as commercial banks, should play in the creation of a central bank digital currency.

● How U.S. regulators can offer more clarity to the crypto industry.

● How he thinks about the ongoing COVID-19 pandemic, its effect on the economy, and the government’s response through stimulus will affect the crypto industry.


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