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News Explorer — U.S. Must Lead CBDC Development, Leverage Crypto Tech: Former CFTC Chair

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Mar 14, 4:37 am
Cointelegraph

U.S. Must Lead CBDC Development, Leverage Crypto Tech: Former CFTC Chair

The former chair of the Commodity Futures Trading Commission, Christopher Giancarlo, has called for the United States to lead the development of central bank digital currencies (CBDCs), asserting that they should not be “surveillance coins.” To achieve this, he says the U.S. must reexamine current financial surveillance policies and leverage current technology used by some cryptocurrency protocols.

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