Bitfury Group has announced the appointment of the former OCC Senior Deputy Comptroller, Jonathan Gould as the company’s new Chief Legal Officer. In this role, Gould is expected to manage the firm’s core legal functions to provide strategic advice to the management and the board and to engage with policymakers and regulators across the world on behalf of Bitfury and its portfolio companies. He will report to the CEO of Bitfury, Brian Brooks.
Over the past decade, Gould has emerged as one of the most important voices on financial law and policy in the US. Most recently, he worked at the US Office of the Comptroller of the Currency (OCC) where he served as the Senior Deputy Comptroller and Chief Counsel. Before joining the OCC, Gould worked for the US. Senate Banking Committee as a Chief Counsel. Additionally, he held senior roles at BlackRock, the world’s largest asset management firm, and Promontory Financial Group, a global financial service and fintech consultancy firm.
Brooks talked about the development stating: “Jonathan is an accomplished legal professional who brings two decades of experience in financial services, law and regulation to Bitfury. His time sitting at the table for some of the most important policy conversations impacting the crypto industry in the United States will be extremely valuable as Bitfury endeavors to play a larger role in these conversations around the world. We are thrilled to have Jonathan on board as we seek to leverage our best-in-class technology and team to bring blockchain into the mainstream.”
Meanwhile, Gould commented about his appointment: “I look forward to blending my legal, traditional finance and crypto knowledge to help Bitfury and Web 3 continue to grow and flourish amidst an evolving policy and regulatory landscape.”
Unlocking Business Potentials
With the cryptocurrency mining industry exiting China and doubling down on the US, investors have taken keen an interest in the mining sector. Established in 2011, Bitfury has been one of the large-scale mining manufacturers and launched its first mining chip in 2013. The Bitcoin mining firm is known by market players as it provides mass production of mining chips for the industry. In November last year, the Bitfury Group appointed former OCC boss, Brian Brooks, as its CEO to lead the 10-year-old crypto unicorn to increase the growth of its mining business, scale the portfolio of its businesses, and enhance its funding drive. Recently, the Amsterdam-based mining company announced plans to go public (listing its shares on the public market) in the next 12 months.