Former CFTC Chair Giancarlo is putting out a book titled ‘CryptoDad’

Sep 8, 2021 | The Block News | 0 comments

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J. Christopher Giancarlo, former Chairman of the Commodity Futures Trading Commission, is putting out a book on cryptocurrency and its role in Washington, DC.

Announced in a September 8 tweet, the book is called “CryptoDad: The Fight for the Future of Money.” The forthcoming book takes its title from a nickname that the crypto world gave him for his work while at the CFTC.

A passage from the dust jacket that Giancarlo provided to The Block explains: 

“CryptoDad tells the story of Giancarlo’s oversight of the world’s first regulated market for Bitcoin derivatives, an action that ventured domestic political fallout and engendered some global derision. Yet, by braving the political risk of greenlighting the debut of Bitcoin futures, the CFTC provided regulatory certainty essential for today’s burgeoning crypto industry.”

According to Amazon, ‘CryptoDad’ is scheduled for an October 26 release.  

Giancarlo began his term as a CFTC commissioner under President Obama. In 2017, under President Trump, he became the chairman of the commission. It was a time critical for the development of crypto market regulation

After leaving the commission in 2019, Giancarlo continued his work on crypto, launching the Digital Dollar Project alongside Accenture and former LabCFTC leader Daniel Gorfine to advocate for a U.S. central bank digital currency.

Giancarlo subsequently joined the board of crypto lending platform and neobank BlockFi. He left that position a week ago, as BlockFi faces scrutiny from state regulators, though BlockFi has said that Giancarlo will continue to serve in an advisory capacity.

In his tweet announcing the book, Giancarlo noted that he is “seeing the greatest danger to America’s future in Washington’s focus on the past.”

© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

News Source from TheBlockCrypto.com

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