Crypto News – CryptoDad Chris Giancarlo’s New Role at Paxos: Details Revealed
Crypto News – According to a statement issued by the firm, J. Christopher Giancarlo, the former chair of the Commodity Futures Trading Commission, will be joining the board of directors of stablecoin issuer Paxos. Giancarlo will support the company’s expansion, according to a news release issued on Tuesday by Charles Cascarilla, CEO of Paxos.
He has been at the forefront of advocating for blockchain to improve the infrastructure of our financial system. His insights will support us as we expand our position as a leader in regulated digital asset market structure and stablecoin innovation.
Cascarilla
From March 2017 to April 2019, Giancarlo chaired the CFTC, where he oversaw the introduction of the first bitcoin futures products. He subsequently released “CryptoDad: The Battle for the Future of Money,” a book about bitcoin derivatives. The Digital Dollar Project, a forum for investigating digital innovation, including a digital currency issued by the US central bank, was co-founded by the former chair of the CFTC.
I’m honored to join Paxos’s board and be a part of innovation in the financial sector. Paxos’s commitment to compliance and dedication to building a more efficient and inclusive financial system resonates deeply with me.
Giancarlo
FAQ
Who was the Former CFTC Chair?
The Executive chairman of the Digital Dollar Project and former chair of the CFTC is Chris Giancarlo.
who is CryptoDad?
J. Christopher Giancarlo, known as CryptoDad, is an attorney and former business executive who served as the 13th chairman of the United States Commodity Futures Trading Commission.
What is Paxos?
Under the supervision of the New York Department of Financial Services, Paxos is the company that offers PayPal USD, Pax Dollar, and Pax Gold.
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