Christopher Giancarlo joined the Blockchain investment firm CoinFund as a Strategic adviser.
Christopher Giancarlo is former CFTC chair. In this crypto industry, he is known as “crypto dad”, because of his better and positive support to the blockchain and crypto industry. In 2014, Christopher was appointed by the CFTC as commissioner. In January 2017, he became chairman at CFTC and he served his talent in CFTC till July 2019.
CoinFund, a blockchain Investment firm, announced that it hired Christopher Giancarlo as a Strategic Advisor of the firm. So, here the move of the CoinFund firm is to easily handle and fight against the complex regulatory system and new complexity in the US because of new rules, which is changing with real-time speed.
Christopher Perkins, president of CoinFund, said that the joining of Christopher Giancarlo is to get help for the firm against the thoughtful policies in the US.
CoinFund Founder Jake Bruckman said that former government officials will help the firm to make better decisions during the change in the policies of the United States government.
Because of better support to the crypto and blockchain industry, Christopher Giancarlo grabbed better respect and support in the crypto industry. After leaving CFTC, he joined crypto lending platform BlockFi as head of the director board.
In June 2021, in an interview with the Cointelegraph, Giancarlo said that the United States government is taking a risk to not go with the Central Bank Digital Currency (CBDCs) adoption. However, in January 2020, Giancarlo said that the US needed the Digital Dollar if the US wants to compete against China’s Digital Yuan ( Chinese CBDC).