OCC’s Gould Welcomes ‘Legally Permissible’ Crypto-Banking Ties

Jonathan Gould, the head of the Office of the Comptroller of the Currency, said he wants to eradicate what he calls a two-tiered system that stigmatizes “legally, permissible activities” between some banks and the digital asset industry.

“I view a lot of what crypto represents, as well as using the technology and processes underlying it, as being inherent to financial intermediation services,” Gould said on Wednesday at a CoinDesk event in Washington. He underscored that he views the crypto-related activities that many banks want to participate in as legally permissible.