Binance.US Taps Brian Brooks as CEO

Binance.US is currently run by Catherine Coley, a tech and finance executive formerly with Ripple and Silicon Valley Bank. It’s unknown as to the future role she’ll play with Binance.


Source: CoinMod


key takeaways

  • Brooks was pivotal in pushing through regulations friendly to the digital assets industry during his tenure
  • Binance.US is currently run by Catherine Coley, a tech and finance executive formerly with Ripple and Silicon Valley Bank

The US arm of the world’s largest digital assets exchange has hired the former head of the Office of the Comptroller of the Currency, the nation’s banking regulator, to run its operations in a continued push to become regulator-friendly. 

Binance.US is currently run by Catherine Coley, a tech and finance executive formerly with Ripple and Silicon Valley Bank. It’s unknown as to the future role she’ll play with Binance. 

According to a report by The Wall Street Journal, Brian Brooks will start at Binance on May 1. During his tenure at the OCC, which lasted from May 2020 to January with the transition to the Biden Administration, Brooks was lovingly called the “CryptoController” for his work in shepherding through policy friendly to the digital assets industry. Under his watch, the OCC gave the green-light for banks to provide custody services for digital assets and also created a federal bank charter for digital assets-first banks

Brooks is quoted as saying that he aims to make Binance’s US wing a stalwart competitor to regulatory-friendly Coinbase. 

“I wouldn’t have taken this job if I didn’t have a strong commitment from the board to lead a strong compliance program,” he said.

Binance’s hiring of Brooks is another step toward hiring former DC heavyweights to represent itself to lawmakers and regulators. In March, Binance announced that it had hired Max Baucus, a former US Senator for Montana and member of the Democratic Party, to act as its head of government relations.   

Brooks and Baucus aren’t the only familiar faces from DC to be hired by the industry. In late March, Coinbase announced that it had hired Brett Redfearn, an ex-SEC director in charge of its division of trading and markets to run Coinbase’s capital markets group. Baton, a “blockchain-inspired” startup that uses distributed ledger technology to revolutionize bank-to-bank payments, hired former CFTC Chairman J. Christopher Giancarlo earlier in April to act as a Senior Advisor. 

Crypto hires can also go both ways. In February, TD Ameritrade’s Sunayna Tuteja, the brokerage’s former chief of digital assets and distributed ledger, was hired by the Fed as its new chief innovation officer as it doubled down on research to facilitate the transition into the brave new world of digital assets. 

Aside from regulators, there have been dozens of high-profile hires of former Wall Street bankers by digital assets companies as institutional investors and their dollars look towards them as a viable alternative to traditional financial companies. 


upcoming event

MON - WED, MARCH 18 - 20, 2024

Digital Asset Summit (DAS) is returning March 2024. This year’s event will be held in our nation’s capital, where industry leaders, policymakers, and institutional experts will come together to discuss the latest developments and challenges in the ever-evolving world of cryptocurrency. […]

upcoming event

MON - WED, SEPT. 11 - 13, 2023

2022 was a meme.Skeptics danced, believers believed.Eventually, newcomers turned away, drained of liquidity and hope.Now, the tide is shifting and it’s time to rebuild. Permissionless II is the brainchild of Blockworks and Bankless. It’s not just a conference, but a call […]

recent research

Cosmos Hub: ATOM Economic Zone


Replicated Security, the Hub’s Validation-as-a-Service offering that went live in March, is the first step in bringing value accrual to ATOM stakers.



Bitcoin price predictions are meaningless, so let’s expend our prediction energy on something that actually matters


A new complaint against Elon Musk and Tesla alleges that Musk manipulated both bitcoin and dogecoin


Kenya’s central bank doesn’t seem enamored by the idea of a CBDC but hasn’t slammed the door shut yet


Both Ethereum and Solana have enjoyed vibrant DeFi environments, but this has not yet been the case for Cosmos


As Japan takes important step forward on stablecoins, industry participants say, proposed US laws around such crypto assets remain in flux


Stablecoins offer global financial access and on-chain transactions without limitations, while FedNow falls short in terms of utility, global reach and inclusivity