<h2>One-Time CFTC Chairman At New Law Firm Stay Concentrated On Blockchain</h2>
Chris Giancarlo, the former chairman at <a href="https://www.cftc.gov/">United States Commodity Futures Trading Commission</a> (CFTC) joined a new law company, Willkie Farr &amp; Gallagher. He was hired at the New York-settled firm as Senior Counsel.

The news was surfaced on Dec 2. As per the Reuters report, Giancarlo at Willkie Farr &amp; Gallagher will carry on with the same job. He will continue to concentrate on distinctive digital innovations in cryptocurrencies and blockchain. Giancarlo is popular as " Crypto Dad," passed the remarks on his new designation:

“I will divide my time between assisting Willkie clients in their worldwide commercial ventures and focusing on key issues of public interest...Among other things. I will continue to advocate the development of a blockchain-based digital dollar and a new American lending benchmark to replace Libor.”

Giancarlo became the most popular advocate for bringing innovations in blockchain and something of a Twitter celebrity when he stated that government must bring the digital revolution to the dollar and snatch the power away from the central banks.

In an answer to 2018 financial crisis storm, another comment was made by <a href="https://www.cryptoknowmics.com/crypto/crypto-capital-president-arrested-alleging-for-money-laundering/">Giancarlo</a>. He stated blockchain would have enabled for a "far faster, better-informed, and more calibrated regulations intervention."

At the time when Giancarlo was the CFTC chairman, the first bitcoin futures products were enabled in the U.S. he further showed his firmness that Ether is a commodity and ETH futures trading will be a reality.
<h3>CFTC Does Not Want to Get Away From Innovations</h3>
Heath Tarbert, the current chair at CFTC, has demanded "principles-oriented regulations" for digital currencies. As per the Tarbert, regulators should completely get the risks and consequences of digital assets before imposing their rules.

“What we don’t want to do is take a heavy hand and snuff out innovation altogether,” Tarbert debated. The executive moreover stated that CFTC's readiness to allow the innovation to advance should not be mixed with tolerance for scam attitudes.

One-Time CFTC Chairman At New Law Firm Stay Concentrated On Blockchain

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