🔊 [Analysis] The Digital Trinity: Technology, Markets, and Policy - CFTC Chairman Giancarlo

BlockworksMar 9, 2019 ⋅ 1 min read

In remarks delivered at the 4th Annual DC Blockchain Summit, CFTC Chairman Christopher Giancarlo explained the significance of regulating, developing, and using what he called one of the most important applications of blockchain technology: currency. In the span of a short decade, he notes, blockchains like Bitcoin and Ethereum have radically changed spaces like finance, computing technology, and government regulation. Chairman Giancarlo notes this era is one of exponential technological change, disintermediation of traditional actors and business models, and encourages heightened technological literacy. Regulators and developers alike must be responsible and careful with this new space because the potential of this innovation is almost unlimited. In short, he encourages everyone to "Get competent advice. Follow the law. Keep going. Do not be afraid."

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