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Benzinga
Benzinga
Business
Murtuza Merchant

'Crypto Dad' Chris Giancarlo Advocates For Passing Crypto Regulation From The SEC To Another Commission — Here's Why

CFTC Crypto SEC Bitcoin Donald Trump The Commodity Futures Trading Commission Gary Gensler Justin Sun

Former CFTC Chairman Chris Giancarlo has expressed strong support for the Commodity Futures Trading Commission (CFTC) taking on a larger role in regulating cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: BTC).

What Happened: "With adequate funding and under the right leadership, I think the CFTC could hit the ground running to begin regulating digital commodities on day one of Donald Trump's presidency," Giancarlo told FOX Business on Tuesday.

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