Crypto Futures News 

Former CFTC Chair to Remain Focused on Crypto and Blockchain at New Law Firm

“Former United States Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo was hired as senior counsel at the New York-based law firm Willkie Farr & Gallagher” writes Joeri Cant for The current chairman of the CFTC, Heath Tarbert, has called for “principles-based regulation” for cryptocurrencies.On Dec. 2, Reuters reported that Giancarlo in his new role at Willkie Farr & Gallagher will continue to focus on digital innovation in areas such as cryptocurrencies and blockchain.Another well-received comment by Giancarlo was that blockchain technology would have allowed for a “far faster, better-informed, and more calibrated regulatory intervention” in response to the 2008 financial crisis.While Giancarlo was chairman of the CFTC, the first Bitcoin (BTC) futures products were allowed in the U.S. He also expressed his belief that Ether (ETH) is a commodity and that ETH futures trading will become a reality.

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