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Biden to appoint anti-crypto and anti-big financial institution regulation professor to run the OCC By Cointelegraph


Biden to appoint anti-crypto and anti-big financial institution regulation professor to run the OCC

The Biden administration reportedly intends to appoint Kazakhstani-American legal professional, tutorial and former coverage advisor Saule Omarova to move the Workplace of the Comptroller of the Foreign money (OCC) — the establishment that oversees the U.S. banking sector.

Omarova has levied criticisms at each crypto property and the legacy banking sector prior to now, having as soon as pledged to “finish banking as we all know it”. She has characterised cryptocurrency as “benefiting primarily the dysfunctional monetary system we have already got.”