Express

Brian Brooks: "There Will Be More Crypto-banks Soon"

Mary Liu

Summary: Brian Brooks, the Acting Comptroller of the Currency, stated on the Unchained podcast that crypto companies need to develop risk management tools, like Anti-money Laundering (AML) or Bank Secrecy Act (BSA) tools, in order to operate well with banks.  Brooks revealed that the highest levels of government have different opinions on cryptocurrencies, but this trend is positive ...

Brian Brooks, the Acting Comptroller of the Currency, stated on the Unchained podcast that crypto companies need to develop risk management tools, like Anti-money Laundering (AML) or Bank Secrecy Act (BSA) tools, in order to operate well with banks. 

Brooks revealed that the highest levels of government have different opinions on cryptocurrencies, but this trend is positive for the entire industry. Brooks admits there are risks, but the benefits cannot be ignored. He added: "Based on early pipeline inquiries, there will be more crypto-banks soon."

By Mary Liu

Last Update:

Tags: ,,,,
Link: Brian Brooks: "There Will Be More Crypto-banks Soon"   [Copy]
Next:

Related Articles

  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... 5 days ago
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program 9 days ago
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 27 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 28 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? October 22, 2025

    • You need to login to comment.