Former CFTC Chair J. Christopher Giancarlo founded the Digital Dollar Project and currently works as an advisory board member for the Chamber of Digital Commerce.
J. Christopher Giancarlo, the former chair of the United States Commodity Futures Trading Commission (CFTC) and known by many as ‘Crypto Dad,’ has joined the board of directors for crypto firm Paxos.
In a May 14 announcement, Paxos said it had added Giancarlo to its board as part of the firm’s efforts to expand in regulated crypto markets and innovate on stablecoins. The company is behind the U.S. dollar-pegged Pax Dollar (USDP) and issued PayPal’s PYUSD stablecoin.
“Paxos’s commitment to compliance and dedication to building a more efficient and inclusive financial system resonate deeply with me,” said Giancarlo. “I look forward to leveraging my expertise to help guide Paxos as it continues to revolutionize traditional finance.”
