Lawmakers explore Bitcoin mining efficiency, broader crypto policy issues during Congress hearing
On Jan. 20, the Oversight and Investigations subcommittee of the U.S. Congress House Energy and Commerce Committee convened a hearing to investigate the environmental effects of cryptocurrency mining. Despite the narrow focus, the conversation that ensued – which many industry experts appraised as a meaningful educational experience for the lawmakers – touched upon a range […]
Former pro-crypto CoC Brian Brooks to testify in a House hearing on the energy impacts of mining
As the U.S. Congress prepares to take a thorough look at the energy use of crypto mining, the list of witnesses for the Thursday hearing contains more proponents of blockchain technology than its outright critics. The House Energy and Commerce Oversight Subcommittee announced a hearing on “Cleaning Up Cryptocurrency: The Energy Impacts of Blockchains” last […]
Former Acting Comptroller of the Currency joins Voyager Digital's board
Crypto trading platform Voyager Digital announced Bitfury CEO and former Acting Comptroller of the Currency Brian Brooks has joined the firm’s board of directors. In a Monday announcement, Voyager chair Philip Eytan said Brooks had joined the board as an “independent, non-executive director,” citing the former comptroller’s experience at crypto companies and his leadership behind […]
Crypto in the House: Execs on the march, US partisan politics and Web3
On Dec. 8, top executives from six major crypto companies faced the United States House of Representatives’ Financial Services Committee during a special hearing on digital assets. While the tone of the conversation was largely proclaimatory, the industry reacted with an optimistic buzz — it seems that crypto is bound to become a hot topic […]
Former Comptroller Brian Brooks gets a new gig as Bitfury CEO
Former Comptroller of the Currency and Binance.US CEO Brian Brooks has been announced as the new CEO of crypto (BTC) mining firm BitFury. According to a Nov. 4 announcement from Bitfury, Brooks was appointed last Friday and he will lead the firm as it prepares for a new funding round. Bitfury founder and former CEO […]
Crypto community in shock over Brian Brooks’ resignation from Binance.US
After serving as the chief executive officer of major cryptocurrency exchange Binance.US for less than four months, Brian Brooks announced Friday he would be stepping down — a move that was greeted with confusion and suspicion from the crypto community. Citing “differences over strategic direction,” the now-former CEO said he had already resigned his position […]
Former currency comptroller to become CEO of Binance US crypto exchange
Brian Brooks, the former acting comptroller of the currency of the United States Office of the Comptroller of the Currency, is set to become the new CEO of major cryptocurrency exchange Binance US. According to a Tuesday announcement, Brooks will replace current Binance US CEO Catherine Coley effective May 1, 2021. Formerly the head of […]