Former CFTC Chairman Becomes Advisor to Crypto Bank 'Sygnum'

Source
Son Min

Summary

  • Former CFTC Chairman Christopher Giancarlo has announced his joining as an advisor to the crypto bank Sygnum.
  • He stated that he plans to provide advice on regulation and strategic partnerships in the public and private sectors of crypto assets.
  • Giancarlo assessed that the current institutional adoption of crypto assets is at a significant turning point.
Source=Sygnum Bank
Source=Sygnum Bank

The former chairman of the U.S. Commodity Futures Trading Commission (CFTC) has joined the crypto (cryptocurrency) bank Sygnum.

According to Cointelegraph on the 27th (local time), former CFTC Chairman Christopher Giancarlo has joined Sygnum Bank as an advisor. He will provide advice on regulation and strategic partnerships in the public and private sectors of crypto assets.

Giancarlo assessed that "now is a crucial turning point for institutional adoption in the crypto asset industry."

Meanwhile, Giancarlo, who served as the CFTC chairman from 2017 to 2019, has shown a consistently pro-crypto stance, earning him the nickname 'Crypto Dad.'

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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