Giancarlo, who is also the former Chairman of the U.S. Commodity Futures Trading Commission (CFTC), will serve in the chamber’s Board of Advisors. A reputable advocate of the blockchain technology and a key player in the global discourse on crypto assets, he brings to the community a wealth of knowledge and expertise, especially when it comes to advancing the talk regarding the regulation and digital assets.
Confirming the appointment, Chamber of Digital Commerce Founder and President, Perianne Boring said:
“Chris Giancarlo brings substantial knowledge and a shared commitment towards blockchain innovation to our Board of Advisors…His regulatory, legal, and financial markets expertise, coupled with his insightful approach toward encouraging advancements in technology, will be invaluable to the Chamber and our members as we continue to grow the blockchain ecosystem.”
Shedding Light on Digital Asset Space
Giancarlo now joins the trade association and advocacy group for the crypto and blockchain sector, which is tasked with representing the digital asset and blockchain industry, educating, and informing people about the crypto asset space.
Speaking about his new appointment, Giancarlo said he aims to work with other team players of the board to help “streamline and modernize” the regulatory field in the U.S. as they support blockchain innovation.
Christopher Giancarlo track record
During his term as CFTC Chairman, Giancarlo led the agency to develop and publish basic information on cryptocurrencies and smart contracts, which led to the release of the first Bitcoin futures contracts. In the same period, CFTC initiated LabCFTC, which provided better tools and resources to the agency. Importantly, he advocated for a “Do No Harm” regulatory approach to blockchain innovation.
He first joined the agency in 2014 upon a nomination by former President Barack Obama and continued in the same capacity with a nomination from the current U.S. President Donald Trump. Giancarlo exited CFTC this year, at the expiry of his five-year term.
Regarding his new role, he said:
“The Chamber is at the epicenter of this emerging field of technology that can only be described as a movement….I’m looking forward to joining this group of Advisory Board leaders, from many fields and areas of expertise, whom are already working to promote the adoption of this transformative technology.”
The Chamber of Digital Commerce has its headquarters in Washington, D.C., and is the world’s first and largest trade association that represents the digital asset and the blockchain industry.