"Crypto Dad" just can’t stay away.
Former Commodity Futures Trading Commission (CFTC) chairman J. Christopher Giancarlo has joined the advisory board to the Chamber of Digital Commerce, a trade group focused on blockchain and crypto policy in the U.S.
Giancarlo helmed the CFTC for two years, following a three-year stint as a commissioner with the agency. Under his watch, the CFTC allowed the first bitcoin futures products to enter the space.
In a statement Tuesday, he said "the Chamber is at the epicenter of this emerging field of technology that can only be described as a movement," adding:
Perianne Boring, the Chamber’s founder and president, said in a statement that Giancarlo would add his "substantial knowledge" to the group’s board, citing his experience with the financial markets and his past efforts in "encouraging advancements in technology."
"We are entering a new phase of blockchain advocacy," she told CoinDesk. "As the world’s leaders are convening to discuss the future of the international financial and monetary system, crypto and blockchain are increasingly playing a key role in these discussions. Chris Giancarlo’s valuable expertise will be critical as we continue to move the industry forward."
In February, the group called on the U.S. government to develop a national framework for blockchain and cryptocurrency legislation.
The U.S. risks falling behind other nations if it does not, Boring has said in the past.
Since leaving the CFTC, Giancarlo has also joined the board of directors to the American Financial Exchange, an electronic interbank lending system.
Christopher Giancarlo photo by Nikhilesh De for CoinDesk
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