Former Trump Official and Ex-Bitfury Executive Nominated to Lead US Banking Regulator

Former Bitfury Executive Jonathan Gould Nominated to Lead Office of the Comptroller of the Currency

  • Former Bitfury executive Jonathan Gould receives presidential nomination for OCC leadership position.
  • Gould previously served as OCC’s senior deputy comptroller during Trump’s first administration.
  • The nominee brings diverse experience from both traditional finance and cryptocurrency sectors.
  • If confirmed, Gould would oversee federal banking regulation for a five-year term.
  • His nomination signals potential intersection of traditional banking oversight and crypto industry expertise.

The White House has put forward Jonathan Gould, a former executive at blockchain firm Bitfury, as its nominee to lead the Office of the Comptroller of the Currency (OCC), marking a significant moment where cryptocurrency industry experience meets traditional banking oversight.

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The nomination submitted to the Senate on February 11 represents a notable shift in regulatory leadership selection. As the OCC’s primary role involves supervising national banks and federal savings associations, Gould’s diverse background spans both traditional finance and blockchain technology sectors.

Gould’s career trajectory includes serving as chief legal officer at Bitfury, a prominent blockchain infrastructure company, followed by his current position as partner at Jones Day. His experience in traditional finance includes a directorship at BlackRock from 2014 to 2018, demonstrating his understanding of both conventional and emerging financial technologies.

During his previous tenure as senior deputy comptroller and chief counsel at the OCC from 2018 to 2021, Gould gained intimate knowledge of federal banking regulations. This experience, combined with his cryptocurrency industry exposure, positions him uniquely to address the growing intersection between traditional banking and digital assets.

The OCC’s role has become increasingly significant in recent years as financial institutions navigate the integration of blockchain technology and digital assets into their operations. If confirmed, Gould would lead the agency during a critical period of technological transformation in the banking sector.

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