Brian Brooks to become the new CEO of Binance US – Bits Media

Former Director of the Office of the Comptroller of the United States Currency (OCC) Brian Brooks (Brian Brooks) from 1 May will become the General Director of the American Binance cryptocurrency exchange unit.

To date, the post of general director of Binance US is held by Katherine Kouli (Catherine Coley). At the same time, it is unknown, Will she be transferred to another position or leave the exchange. Earlier, Brooks was the director of legal issues of the Coinbase trading platform. In the period from May 2020 years to January 2021 year he performed the functions of the head of the controller of the monetary circulation controller (OCC). Thanks to its efforts to make clarity in the regulation of digital currencies, Brooks has become a significant figure in the cryptocurrency industry.

Founder Binance Chanpen Zhao (Changpeng Zhao) said, that the experience of Brooks in the field of traditional financial services, digital assets and public administration will be necessary for further expansion of Binance US. In turn, Brooks said, that the ability of the exchange to attract managers of this level indicates the activity and stability of the platform. Brooks added, that one of his priority tasks will be the transformation of Binance US into a strong competitor Coinbase. Besides, Particular attention will be paid to increased compliance with regulatory requirements of regulatory authorities.

“We are on the threshold of mass introduction of blockchain and cryptocurrencies. Individuals are interested in them, institutions and government. I intend to work closely with participants in the cryptocurrency industry and legislators to develop a clear regulatory framework. This will allow US citizens to take advantage of decentralized financing and develop this industry for future generations ", - said Brooks.

Recall, that the Binance branch was opened in the USA in September 2019 of the year. Binance US is positioned as a separate organization, controlled Bam Tradition Services, However, both of them are founded by Chanpan Zhao.