Chris Giancarlo has earned the moniker "Crypto Dad" for his pro-innovation views, and this time, he is reportedly a frontrunner for what could be the country's first ever crypto-focused White House role.

Former CFTC Chairman Chris Giancarlo has expressed strong support for the Commodity Futures Trading Commission (CFTC) taking on a larger role in regulating cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: BTC).

The Commodity Futures Trading Commission (CFTC) may reportedly oversee a substantial portion of the $3 trillion digital asset market once President-elect Donald Trump assumes office next year.

The incoming Trump administration wants to expand the power of the CFTC by granting it oversight of a significant portion of the $3 trillion digital asset market.

Chris Giancarlo, ex-CFTC chair and crypto advocate, may become the US crypto czar, signaling a shift in blockchain regulation.

Chris Giancarlo leads the shortlist for Trump’s potential crypto role, aimed at boosting US crypto growth and easing regulatory burdens.

Donald Trump’s transition team is reportedly considering “Crypto Dad” Chris Giancarlo, former CFTC chair, for a proposed crypto czar role.

The U.S. Commodity Futures Trading Commission, a tiny regulator compared with the Securities and Exchange Commission, may emerge as the arbiter of crypto asset regulation in a second Trump administration,

The Trump government is reportedly looking at the possibility of giving the CFTC the authority to regulate the spot market for Bitcoin and other cryptocurrencies, potentially providing more clarity on which regulator should oversee the industry.

Donald Trump’s incoming administration has plans to hand over most of the crypto industry’s regulatory power to the Commodity Futures Trading Commission (CFTC). This is a direct move to strip the Securities and Exchange Commission (SEC) of its grip on the $3 trillion crypto market—a market that’s been stuck in a regulatory disaster for years.