RATE Group | Former Regulator Known as ‘Crypto Dad’ to Launch Digital-Dollar Think Tank
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Former Regulator Known as ‘Crypto Dad’ to Launch Digital-Dollar Think Tank

16 Jan Former Regulator Known as ‘Crypto Dad’ to Launch Digital-Dollar Think Tank

Posted at 20:43h in Cryptocurrency News by

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A former top American financial regulator dubbed “Crypto Dad” for his embrace of cryptocurrencies is setting up a think tank to promote the idea of digitizing the U.S. dollar.

J. Christopher Giancarlo,

who stepped down as chairman of the Commodity Futures Trading Commission last year, said he was creating the nonprofit Digital Dollar Foundation to study converting the dollar into a fully electronic currency based on blockchain, the technology that underpins bitcoin.

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The U.S. risks losing the advantages it enjoys from having the dominant global currency if it falls…

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