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Former CFTC Chairman Says Fed Should Introduce a Digital Currency

Former CFTC Chairman Says Fed Should Introduce a Digital Currency

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FintechNews Roundup
··1 min read

Christopher Giancarlo, the former chairman at the Commodity Futures Trading Commission, said at a recent forum that the Federal Reserve should introduce a digital currency; they need to do this in order to compete with the central bank digital currency being developed by China; Giancarlo recommends updating US regulatory guidelines in order to keep up with the changes that cryptocurrencies and distributed ledger technology bring to the financial ecosystem saying, “It’s going to change things dramatically and our laws need to evolve with that as they’ve done over the 90 years, now they need to evolve again.” Crowdfund Insider

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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