Crypto News 

Former CFTC Chairman Is Bullish on Blockchain

“Gary Gensler, the former Chairman of the Commodity and Futures Trading Commission (CFTC), now lectures about cryptocurrencies and blockchain technology at MIT. The ex-CFTC chair, who fulfilled the role between 2009 and 2014, is reportedly bullish on blockchain-based technology” reports livebitcoinnews.com. On the other hand, Christopher Giancarlo, the current chair of the CFTC, has also expressed his opinion on the matter of cryptocurrencies.However, he also notes that he can’t consider a fast-growing financial technology phenomenon such as the blockchain without having a firm grasp on its associated risks, saying: Apart from teaching on blockchain and cryptocurrencies.In any case, Gensler’s fairly active stance on cryptocurrencies seems to match the one of the CFTC itself, which has also been rather busy.In May, he noted: Recognizing cryptocurrencies as a new asset class, the acting CFTC chair also shifted the responsibility of setting the regulatory framework to Congress, stating: What do you think of Mr.
 
Source: livebitcoinnews.com



Share This:

Related posts