Why ‘Crypto Dad’ Is Building the Digital Dollar Foundation
With the proverbial digital currency barbarians at the gate, ex-CFTC chair Christopher Giancarlo launches a digital dollar initiative.
The fact investors buy XRP for different reasons means it's more like a new form of currency than it is a security, says former CFTC head Christopher Giancarlo.
Led by Swiss crypto exchange Lykke, a $200,000 initiative to fund tech-driven COVID-19 relief projects has tapped ex-CFTC chair Chris Giancarlo as its advisor.
The proposal games out CBDC scenarios for fundamentally different potential digital currency end users.
The Digital Dollar Foundation has tapped a number of former government officials and industry experts as advisors as it looks to design and promote a U.S. CBDC.
Cryptocurrencies could be at the heart of a new Cold War, at least according to some investors at the Crypto Finance Conference in St. Moritz.