Chairman Of The CFTC Suggests “Do No Harm” Approach

J. Christopher Giancarlo, chairman of the Commodity Futures Trading Commission (CFTC) presented a written testimony before the Senate Banking Committee today, suggesting a “do no harm” registration process for distributed ledger (blockchain) and cryptocurrency companies and start-ups. The full testimony can be found here.
Giancarlo had the following to say: “Virtual currencies mark a paradigm shift in how we think about payments, traditional financ