Paxos Welcomes Chris Giancarlo, Former CFTC Head, to Board of Directors

 

Paxos, a stablecoin issuer, reports that Chris Giancarlo, former CFTC head, will soon join its board of directors. Giancarlo, who served as the aforementioned regulator’s head between March 2017 and April 2019 and was instrumental in the launch of the first Bitcoin futures products, will work with other prestigious voices on Paxos’ board, including former U.S. Senator Bill Bradley’s. Paxos CEO and Co-Founder Charles Cascarilla was excited about the developments and said that Giancarlo’s expertise is beyond compare when it comes to understanding complex markets. He further referred to Giancarlo’s insights as instrumental in advancing Paxos as the leader in regulated digital asset market structure and stablecoin innovation. At the time.