Former Binance.US CEO Brian Brooks becomes CEO of Bitfury

The former head of the Office of the Comptroller of the United States Currency and former CEO of Binance.US Brian Brooks has joined the Bitfury team as CEO. Representatives of the company announced this today.

Bitfury is one of the largest manufacturers of ASIC miners and is engaged in the analytics of cryptocurrency networks, their security, as well as the supply of corporate software. Founded in 2011, the company is one of the oldest players in the digital currency mining industry.

More recently, Brian Brooks announced that he is leaving the post of CEO of Binance.US. But now he is ready to continue his work in the crypto industry, replacing the now-former executive director of Bitfury Valery Vavilov.

Brooks' departure from Binance.US after only three months is due to disagreements with the company's CEO Changpeng Zhao. Although he had previously approved Brooks' candidacy, hoping that a specialist with experience in the US federal agencies will help them establish a dialogue with regulators, reducing the likelihood of conflicts with them in the future to zero.

Prior to Binance.US, Brooks spent 7 months in control of currencies under the auspices of the leading regulator of national banks in the United States. In this position, he has pushed several new permits for the introduction of digital currencies into the American banking system and has often spoken out in favor of the proliferation of a new asset class in the United States.

According to Brooks himself, Bitfury's diversified portfolio has tremendous potential for long-term success. In his opinion, such an optimistic forecast for the future of Bitfury is primarily facilitated by the growing adoption of various options for using crypto assets in the modern world. Valery Vavilov echoed his enthusiasm, highlighting Brooks' leadership and his shared Bitfury vision of a decentralized peer-to-peer economy.

Many members of the crypto community also view Brooks rather positively, thanks to his friendly statements about the crypto industry and his rich experience. Including, the role of the chief lawyer of the largest American cryptocurrency exchange Coinbase.

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