OCC chief Jonathan Gould backed bringing crypto under U.S. regulation

The article says Jonathan Gould supported regulating crypto activities within the financial system, including actions involving Circle, Ripple, and stablecoins under federal oversight.

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Terms & Concepts
  • Stablecoins: Cryptocurrencies designed to maintain a stable value, often by being linked to a fiat currency such as the U.S. dollar.
  • OCC (U.S. national bank regulator): The Office of the Comptroller of the Currency supervises and charters national banks and can shape how crypto-related banking activities are overseen.
  • Federal oversight: Supervision by U.S. government regulators intended to bring financial activities within established legal and compliance frameworks.