Biden to appoint anti-crypto and anti-big financial institution regulation professor to run the OCC By Cointelegraph

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Biden to appoint anti-crypto and anti-big financial institution regulation professor to run the OCC

The Biden administration reportedly intends to appoint Kazakhstani-American legal professional, educational and former coverage advisor Saule Omarova to go the Workplace of the Comptroller of the Forex (OCC) — the establishment that oversees the U.S. banking sector.

Omarova has levied criticisms at each crypto belongings and the legacy banking sector up to now, having as soon as pledged to “finish banking as we all know it”. She has characterised cryptocurrency as “benefiting primarily the dysfunctional monetary system we have already got.”