Brian Brooks Takes Helm at Bitfury, Advocates for Balanced Crypto Regulation

Former OCC head Brian Brooks has been appointed CEO of Bitfury. He plans to expand the company’s mining operations and is considering the possibility of an IPO.

Brooks is known for his progressive approach to crypto regulation, advocating for rules that foster innovation while maintaining oversight. He believes that over-regulation could undermine the U.S.’s competitiveness.

Additionally, Brooks has joined the board of Hashdex, where his expertise will aid in developing strategies for digital asset management.