Christopher Giancarlo, Former CFTC Chairman Launching Digital Dollar Project

Christopher Giancarlo, Former CFTC Chairman Launching Digital Dollar Project

Former Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo, former LabCFTC Director Daniel Gorfine and investor Charles Giancarlo want to take the dollar digital – and they’re not waiting for the Federal Reserve. The three are forming the Digital Dollar Foundation, working with Accenture to design and push for a potential U.S. central bank digital currency (CBDC). The digital dollar would “meet the demands of the new digital world and a cheaper, faster and more inclusive global financial system,” Giancarlo said.

The wide success recorded by Bitcoin and other digital currencies has led many countries, Organisations and people into considering launching a digital currency to meet up or key into the trend of cryptocurrencies. Blockchain technology and cryptocurrencies have come to stay and the sooner you realize it, the better for you.

More Stories
Cryptocurrency Regulations
India To Draft Cryptocurrency Regulations in December