LedgerX Claims ‘Personal Animus’ Drove Ex-CFTC Chair to Stall Approvals
LedgerX claims former CFTC Chairman Christopher Giancarlo threatened the company for personal reasons, two letters obtained by CoinDesk reveal.
Former CFTC Chair Chris Giancarlo and LabCFTC head Dan Gorfine are forming the Digital Dollar Foundation, working with Accenture to determine how best to create a U.S. central bank digital currency.
Christopher Giancarlo has joined law firm Willkie Farr & Gallagher as its new senior counsel, where the former CFTC chief intends to continue advocating for a digital dollar and other policies.
In this video from WEF 2020, former Commodity Futures Trading Commission Chairman J. Christopher Giancarlo, also known as “Crypto Dad,” discusses his push to digitize the U.S. dollar and the future of global currencies.
"We saw a bubble building and we thought the best way to address it was to allow the market to interact with it," said Christopher Giancarlo.
Two former ranking members of the CFTC offered up a plan for a government-sanctioned, blockchain-based digital dollar.