President Donald Trump has just nominated Jonathan Gould, former Legal Director of Bitfury, to lead the Office of the Comptroller of the Currency (OCC) – the agency overseeing major banks in the U.S. This is an important step, indicating that the Trump administration continues to choose individuals with experience in the cryptocurrency and technology fields to manage the financial system.

Who is Jonathan Gould?

Jonathan Gould is not a stranger in the crypto industry. Previously, he worked at:

  • Bitfury: One of the world's leading blockchain technology companies, specializing in producing Bitcoin mining equipment.

  • BlackRock: The largest asset management company in the world.

  • #OCC : Gould also previously served as Deputy Senior Comptroller and Chief Counsel at the very agency he is about to lead.

Positive Signals for Bitcoin and Crypto?

Gould's appointment is a positive signal for the cryptocurrency market because:

  • Bitfury is known as a major company in the field of Bitcoin mining and blockchain technology.

  • Gould has extensive experience in the crypto industry and understands the legal issues involved.

This move also indicates that Donald Trump is promoting a more cryptocurrency- and AI-friendly policy, in line with his campaign, aimed at strongly developing advanced technology sectors in the U.S.

Trump Administration's Technology-Friendly Strategy

In addition to Gould, the #TRUMP administration has also selected several prominent figures in the crypto and technology sectors, including:

  • Brian Quintenz: Former commissioner of the CFTC (Commodity Futures Trading Commission), who currently heads cryptocurrency policy at a16z, a leading venture capital firm.

  • The Securities and Exchange Commission (SEC): Has established a cryptocurrency task force to develop new regulations and address previous outstanding issues.

Major Changes in Crypto Policy in the U.S.?

With crypto-friendly faces holding key positions, the $TRUMP administration is expected to take a more open approach to the cryptocurrency industry. This could facilitate the development of Bitcoin and other digital assets in the U.S.

Risk Warning

Risk warning: Investing in cryptocurrencies always carries significant risks due to high price volatility. Users should conduct thorough research and exercise caution when investing. The crypto market is not for everyone and can lead to substantial losses. #anhbacong