Unchained: Big Ideas From The Worlds Of Blockchain And Cryptocurrency

Brian Brooks got his start in traditional finance before joining Coinbase in 2018 and is currently the acting comptroller of the currency. In this episode, he discusses: how his background in traditional financial services led him to take a position at Coinbase whether the role blockchain and crypto will likely play in the financial future is being recognized at the federal level whether or not banks have always had the authority to custody crypto for their customers how he expects things to unfold in the coming years as banks begin to become more involved in crypto custody his thoughts on Kraken and others launching crypto banks and whether it will lead to the founding of other crypto banks how his office is pushing for a national fintech charter, and how it could affect less crypto-friendly states whether banks that work with crypto companies supporting unhosted wallets are prohibited from holding stablecoin reserves whether or not OCC regulations cover DeFi, and the regulatory challenges that open