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Ex-CFTC Head Says Regulators Can Engage With Crypto 'If They Have the Will to Do So'
- linkweb3
- 2023-04-27
- 3440
- Newsletter
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Summary:Chris Giancarlo, the former senior U.S. markets cop known as "Crypto Dad," appeared to criticize his successors in Washington as they crack down on the cryptocurrency industry. Under Giancarlo's watch as chairman, the U.S. Commodity Futures Trading Commission in 2017 approved regulated futures contracts tied to bitcoin (BTC), and, to this day, they remain the only fully regulated crypto product traded in the U.S., he said during a speech Wednesday at CoinDesk's Consensus 2023 event. While not
Chris Giancarlo, the former senior U.S. markets cop known as "Crypto Dad," appeared to criticize his successors in Washington as they crack down on the cryptocurrency industry. Under Giancarlo's watch as chairman, the U.S. Commodity Futures Trading Commission in 2017 approved regulated futures contracts tied to bitcoin (BTC), and, to this day, they remain the only fully regulated crypto product traded in the U.S., he said during a speech Wednesday at CoinDesk's Consensus 2023 event. While not an overt complaint about the current regime in Washington, the comments did stand out as U.S. markets regulators get tougher on crypto.
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