Christopher Giancarlo, a former Commodity Futures Trading Commission (CFTC) Chair, has denied rumors that he is being considered for the next Chair of the US Securities and Exchange Commission (SEC) or for a crypto-related role within the US Treasury Department. Giancarlo previously took over as CFTC chair in August 2017, after the SEC’s “regulation by enforcement approach” towards the crypto industry, which one of its Commissioners deemed “a disaster”.
Giancarlo has a friendly stance towards the crypto industry, and in 2018, he said that “cryptocurrencies are here to stay”. His commitment to the industry is also supported by his autobiography, which includes his support for crypto. Currently, Giancarlo serves as an advisor for the US Digital Chamber of Commerce.
