The crypto world is finally making the so-called "Crypto Dad" one of its own. Former U.S. Commodity Futures Trading Commission (CFTC) chairman J. Christopher Giancarlo is joining the advisory board of the Chamber of Digital Commerce.
Noted by the crypto community for his commitment to furthering the conversation surrounding regulation and digital assets, he'll continue to bridge traditional finance and crypto with a seat on the Chamber of Digital Commerce's advisory board. The trade association and advocacy group represents the digital asset and blockchain industry, educating the wider population on the digital asset space.
Giancarlo said he's hoping to work with other members of the board to "streamline and modernize" the regulatory landscape in the U.S. while encouraging blockchain innovation.
During his time heading the CFTC, Giancarlo was an advocate for blockchain technology and digital assets. The CFTC published information on virtual currencies and smart contracts under his tenure. Bitcoin futures contracts were first offered under his leadership.
He first entered the office in 2014 with a nomination from President Barack Obama. After continuing in the role with a nomination from President Donald Trump, he departed this year, which marked the end of his five year term.