Brian Brooks News

08.12 / 22:49
Citi Digital CEO Platform Bitcoin country reports Nonco Raises over $10 Million in Seed Funding
Digital asset brokerage firm, Nonco, has raised over $10 million in seed funding, according to a new statement from the company.
30.10 / 18:33
Binance CEO Action show surges Binance Faces Market Share Decline as Crypto Market Surges – What’s Going On?
Binance, the crypto exchange that for long has dominated global crypto trading, has seen its market share continue to decline even as the overall market has surged higher.
13.09 / 15:23
Binance SEC CEO Tether Platform exits Binance.US CEO Exits, 33% of Staff Laid Off
Binance.US CEO Brian Shroder has left the crypto exchange as roughly a third of its workforce has also been laid off, a company spokesperson confirmed Wednesday.
10.08 / 16:19
business Stablecoin regulation economy Reserve Stablecoins could be key to upholding US dollar’s global reserve status: WSJ op-ed
Stablecoins are at the heart of a dollar-based revolution and could be a pivotal factor in keeping the U.S. dollar the dominant global currency, according to an Aug. 9 opinion piece published in The Wall Street Journal. 
20.07 / 19:03
business Hashdex Former Binance​.US CEO joins Hashdex board
Brian Brooks, former acting comptroller of the currency for the United States government, has joined the board of directors for crypto-focused asset manager Hashdex.
08.06 / 02:55
SEC CZ binance NOT Former Binance.US CEO Brian Brooks Says CZ Was in Charge of the Exchange, Not Him
Brian Brooks, the former CEO of Binance.US, revealed why he left his post at the exchange, in court documents released this week.
06.06 / 20:05
Binance regulation SEC Binance Coin Binance USD SEC’s Binance suit contains heavy mix of predictable charges, novel revelations
The announcement of the United States Securities and Exchange Commission (SEC) suit against Binance, Binance.US and Binance CEO Changpeng Zhao (CZ) may have surprised the crypto community, but the SEC’s focus on the exchange was well known. The suit’s contents were met with a variety of reactions.
06.06 / 20:05
regulation Altcoin Ether price Bitcoin Bitcoin Price index Crypto sentiment index dips back to March ‘fear’ levels amid Binance lawsuit
The Crypto Fear and Greed Index — a tool that measures broader market sentiment towards Bitcoin and the broader crypto market — has dipped to a level of “fear” not witnessed since March 11 this year, when Circle’s USD coin (USDC) briefly lost its dollar-peg. 
06.06 / 19:00
business Binance regulation SEC SEC complaint hints at why Brian Brooks resigned as Binance.US CEO
The SEC’s latest complaint against Binance could point to why former Binance.US CEO Brian Brooks chose to step down in August 2021, only three months after his appointment.
10.07 / 11:53
cryptocurrency crypto news Binance Exchange Executive Crypto Exchange Binance.US Names Former PayPal Executive As New CFO
Crypto exchange Binance.US hires former PayPal executive as CFO
05.02 / 03:09
Blockchain COST MET Federally Chartered Banks Can Use Stablecoins: OCC
The Office of the Comptroller of the Currency (OCC) has issued an interpretive letter allowing federally chartered banks to use stablecoins, or cryptocurrencies with relatively stable prices, for standard banking transactions like payment activities. The letter further states that banks can participate in validating stablecoin transactions or Independent Node Verification Networks (INVN) in a blockchain.
21.01 / 19:13
Law us government Congress lawmakers hearing Crypto Policy Lawmakers explore Bitcoin mining efficiency, broader crypto policy issues during Congress hearing
On Jan. 20, the Oversight and Investigations subcommittee of the U.S. Congress House Energy and Commerce Committee convened a hearing to investigate the environmental effects of cryptocurrency mining. Despite the narrow focus, the conversation that ensued – which many industry experts appraised as a meaningful educational experience for the lawmakers – touched upon a range of blockchain-related issues and themes beyond energy consumption. Here is how it went down, and what comes next.
21.01 / 11:43
regulation proof-of-work Bitcoin lawmakers hearing Team Proof-of-Work Educates Lawmakers at Bitcoin Mining Hearing in US
Questions ranged from whether Bitcoin (BTC) could potentially transition to a proof-of-stake (PoS) consensus mechanism, to whether crypto mining can be considered “wasteful,” as lawmakers in the US House of Representatives discussed the energy impact of crypto mining during a hearing on Thursday.
20.01 / 19:11
proof-of-work Bitfury Bitcoin lawmakers hearing US lawmakers Watch Mining Hearing Live: Bitcoin Is More Energy-Efficient than Banks, Bitfury CEO Tells US Lawmakers
Traditional banking requires 2.5 times the amount of power as Bitcoin (BTC) to produce the same amount of value, and only proof-of-work (PoW) provides “a truly trustless system,” according to Brian Brooks, CEO of major blockchain technology firm Bitfury and a former Comptroller of the Currency in the US.
19.01 / 04:11
Law Energy Congress hearing Former pro-crypto CoC Brian Brooks to testify in a House hearing on the energy impacts of mining
As U.S. Congress is preparing to take a thorough look at the energy use of crypto mining, the list of witnesses for the Thursday hearing contains more proponents of blockchain technology than its outright critics.
18.01 / 22:30
Ethereum cryptocurrency proof-of-work Bitcoin hearing us house Misleading Memo for US House Hearing on Bitcoin & Ethereum Mining Includes 'Basic Errors'
A hearing on crypto mining scheduled to take place in the US House of Representatives Committee on Energy & Commerce this week is already raising alarms in the crypto industry as a pre-published memo revealed what some called “basic errors” in lawmakers’ understanding of the field.
11.01 / 15:33
defi Mining Bitcoin Financial World’s Leading Platform for Financial NFTs, Pledge Finance, Adds Bitfury CEO to Advisory Board
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
15.12 / 18:12
coinbase Bitfury Congress Paxos Crypto in the House: Execs on the march, US partisan politics and Web3
On Dec. 8, top executives from six major crypto companies faced the United States House of Representatives’ Financial Services Committee during a special hearing on digital assets. While the tone of the conversation was largely proclaimatory, the industry reacted with an optimistic buzz — it seems that crypto is bound to become a hot topic on the Hill for years to come.
08.12 / 23:37
Government ETF SEC Congress crypto ETFs US is 'unquestionably' behind the curve on crypto ETFs, says Brian Brooks
Bitfury CEO and former Acting Comptroller of the Currency Brian Brooks has hinted the regulatory environment in the United States could drive many crypto firms outside the country, and has already stymied companies attempting to offer a variety of financial products.
08.12 / 18:57
Government regulation Congress hearing regulatory Crypto CEOs request Congress provide regulatory clarity at hearing on digital assets
The House Committee on Financial Services heard from several chief executive officers at major crypto firms in the United States, some of whom seemed to present a united front in urging lawmakers to provide a clear regulatory framework for crypto.
08.12 / 18:25
coinbase proof-of-work Paxos Bitcoin Watch: 6 Crypto CEOs Testify About Threshold Issues, Bitcoin Mining, and More
US lawmakers should take steps to bring crypto-related activities into the regulated financial system, while also developing a “national policy for a decentralized Web 3” as they did for Web 1 in the 1990s, Brian Brooks, CEO of Bitcoin (BTC) mining firm Bitfury, wrote in a testimony ahead of a hearing at the House Financial Services Committeetoday.

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