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Former Performing Foreign money Auditor Brian P. Brooks joins Binance.US as Chief Government Officer – Enterprise Wire


SAN FRANCISCO – (BUSINESS WIRE) – Binance.US (the “Firm”), a number one US digital asset market, immediately introduced that former appearing foreign money auditor Brian P. Brooks has joined the corporate as Chief Government Officer efficient Might 1, 2021 .

“I’m very excited to be becoming a member of Binance.US at this significant time for the digital property business,” mentioned Brooks. “We’re near the overall adoption of blockchain know-how and digital tokens by people, establishments and governments. I look ahead to working with the gifted workforce at Binance.US to advertise the compliance tradition and additional broaden the vary of services in all markets. I’m dedicated to working intently with business contributors and coverage makers to develop a long-lasting authorized framework that can permit People to reap the advantages of decentralized funding for generations to return. ”

Binance.US is experiencing robust enterprise momentum. Within the first quarter of 2021, Binance.US was in a position to quadruple its registered customers and its every day buying and selling quantity to 1.4 billion US {dollars}. Since its inception in September 2019, Binance.US has been launched in 43 US states and has expanded its listings to over 50 digital property, together with 10 DeFi listings. Immediately Binance.US affords greater than 100 buying and selling pairs with a number of the lowest buying and selling charges in America, in addition to a number of venues for execution for giant block positions. Thus far, Binance.US has traded over $ 65 billion in digital property between retail and institutional purchasers.

Changpeng Zhao, founder and CEO of Binance, the world’s largest cryptocurrency trade, which licenses its matching engine and pockets applied sciences to Binance.US, mentioned, “Brian is a revered chief with an unparalleled mixture of expertise in conventional monetary providers, authorities and authorities digital property business. Binance.US’s capacity to draw an government of Brian’s caliber is testomony to the energy of its platform. His information and experience might be invaluable as Binance.US continues to broaden. ”

Brian P. Brooks biography

From Might 2020 to January 2021, Mr. Brooks served because the assistant foreign money auditor, the place he was the federal banking system administrator and chief government of the federal company with 3,500 staff answerable for chartering and overseeing banks that accounted for 70 p.c of all banking exercise in the US. He was additionally a director of the Federal Deposit Insurance coverage Company and a voting member of the Monetary Stability Oversight Council. Typically referred to within the media as “The First Fintech Comptroller” and “CryptoComptroller” for his work selling monetary innovation, Mr. Brooks led authorities efforts to offer regulatory readability for secure cash, digital asset custody and the event of blockchain fee networks to perform. and issued the primary Bundesbank constitution to a cryptocurrency firm. He additionally launched the REACh undertaking, a nationwide partnership of civil rights organizations, know-how firms and banks to advertise monetary inclusion by means of higher entry to credit score and capital.

From 2018 to 2020, Mr. Brooks served as Chief Authorized Officer at Coinbase International, Inc. the place he led authorized, compliance, inside audit, authorities and international investigation teams on the digital property platform. From 2014 to 2018, he was Government Vice President, Common Counsel, and Company Secretary of Fannie Mae, a publicly traded firm with $ 3.2 trillion that’s the world’s largest investor in single-family and multi-family mortgage property, and from 2011 to 2011 2014 as Vice President of OneWest Financial institution, NA Previous to becoming a member of OneWest Financial institution, NA, he was a managing companion within the Washington, DC workplace of O’Melveny & Myers LLP.

Mr. Brooks additionally acts as a advisor or board member for numerous finance and fintech firms. Mr. Brooks obtained his BA from Harvard College and his JD from the College of Chicago.

About Binance.US

Binance.US is America’s dwelling to purchase, commerce, and earn digital property together with Bitcoin. Binance.US delivers a number of the lowest charges to immediately convert USD to over 50 totally different cryptocurrencies. Binance.US’s mission is to convey monetary belief and crypto literacy to extra People. For extra info on Binance.US institutional assist, please go to: institutione.binance.us

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