Trump Administration Popped 2017 Bitcoin Bubble, Ex-CFTC Chair Says
"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.
J. Christopher Giancarlo
Digital Dollar Project Calls for 2-Tiered Distribution System in First White Paper for US CBDC
May 29, 2020
The Digital Dollar Project's first white paper describes how a two-tiered system underpinning a tokenized dollar could modernize the U.S. financial system.
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.
The digital dollar again appeared during a Senate hearing. However, it wasn't the focus of the hearing but just another tool that can be used to maintain U.S. hegemony.
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.
J. Christopher Giancarlo
