The U.S. Senate confirms former blockchain industry executive Jonathan Gould as the director of OCC.

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[The U.S. Senate Confirms Former Blockchain Executive Jonathan Gould as OCC Director] The U.S. Senate confirmed former Bitfury Chief Legal Officer Jonathan Gould as the Director of the Office of the Comptroller of the Currency (OCC) with a vote of 50 to 45, sending the nomination to President Trump for final approval. Gould previously served as OCC Chief Counsel and Deputy Comptroller. This year, the OCC has taken more crypto-friendly measures, including allowing U.S. banks to self-manage crypto assets. Meanwhile, the House of Representatives is accelerating stablecoin legislation, with a "Crypto Week" review of the "GENIUS Act" scheduled for next week, requiring stablecoins to be fully backed by high liquidity assets such as the U.S. dollar, and mandating annual audits for issuers with a market capitalization exceeding $50 billion.

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