We spoke with the former CFTC chief about digitizing the dollar and how the private sector will be key to adoption
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Quick Take
- Former Commodity Future Trading Commission Chair Christopher Giancarlo announced plans for the “Digital Dollar Project,” a group intended to be a thought leader on the digitization of the U.S. dollar
- Giancarlo is interested in modernizing the U.S. financial infrastructure in a variety of different areas
- The project is a private venture bringing experts together to explore what a digital dollar would look like, and is not formally linked to the public sector.
J. Christopher Giancarlo, the former Chair of the Commodity Futures Trading Commission (CFTC) and so-called “Crypto Dad” Christopher Giancarlo announced plans for a formal exploration of a United States central bank digital currency (CBDC) this morning. Giancarlo has long been an advocate for the exploration of a digital dollar, but now he’s taking things further […]
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