Former Bitfury Exec Gould Confirmed to Take Over U.S. Banking Agency OCC

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#HODLTradingStrategy I’m pleased to share that on July 10, 2025, the U.S. Senate confirmed Jonathan Gould—formerly Bitfury’s chief legal officer and an OCC veteran—as the next Comptroller of the Currency, in a 50–45 vote . He's the first permanent OCC head since 2020.

Gould's return brings deep water into the agency—he previously served as senior deputy comptroller and chief counsel (2018–2021) and later practiced at Jones Day . His appointment marks a clear pro‑crypto pivot: the OCC has recently clarified that national banks can trade crypto, removed “reputation risk” language, and advanced digital asset frameworks .

This confirmation comes hot on the heels of increased crypto policy action—Congress is pushing forward with the GENIUS Act and other stablecoin regulations during “Crypto Week” . While some, like Sen. Cynthia Lummis, initially raised concerns about federal overreach into state oversight, the vote ultimately held.

Banks and industry groups are welcoming Gould’s leadership. They see his balanced legal and regulatory background as a pathway to modernize financial supervision without sacrificing stability .

In my view, Gould’s ascendance signals a tipping point: national banking could enter a new era of crypto integration, but it also raises questions about how much power will be centralized in the OCC versus shared with states.