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US Banking Regulator Suggests Federal Licensing Framework for Crypto Firms

Brian Brooks, now a US banking regulator, said creating a federal license for crypto startups might make more sense than subjecting them to 50 different state money transmitter approvals.

Updated Sep 14, 2021, 8:40 a.m. Published May 11, 2020, 5:00 p.m.
First Deputy Comptroller Brian Brooks speaks at CoinDesk's Consensus: Distributed. (CoinDesk archives)
First Deputy Comptroller Brian Brooks speaks at CoinDesk's Consensus: Distributed. (CoinDesk archives)