The new Comptroller, Brian Brooks, had just become the new top banking regulator for the Trump administration. Brooks, as acting-Comptroller, makes it clear: blockchain is not the problem — he thinks blockchain is the solution to our problems. “The U.S. has lagged behind the U.K. and other counties in terms of faster payments,” says Brooks. Now they’re mandates.”Brooks hopes that by rooting out regulations specifying specific technology he’ll open the door to new technologies — especially blockchain. “I’m very bullish on technology,” says Brooks, now governing the agency that once governed his fate.

Source: Forbes June 11, 2020 13:52 UTC