Former CFTC Chairman Spotlights Binance.US As It Joins Powerhouse Crypto Committee

05 January 2020, Sunday, 04:30 - dailyhodl.com
Former CFTC Chairman Spotlights Binance.US As It Joins Powerhouse Crypto Committee

The former chairman of the U.S. Commodity Futures Trading Commission, J. Christopher Giancarlo, is spotlighting on a new announcement from Binance.US.

The cryptocurrency exchange is joining the executive committee of the Chamber of Digital Commerce, a leading advocacy group fostering blockchain innovation and education, and the promotion of Bitcoin and digital currencies.

According to the announcement from Binance.US, which allows Americans to buy and sell over 25 digital assets by licensing technology from leading crypto exchange Binance, the company is working with policymakers to provide digital wealth management and trading services for the new economy.

“We continue to build for America’s acceptance, access, and use of digital assets, providing an easy and secure way for users to use their USD to buy and sell a diverse selection of digital assets.

Joining the 40 members of the Executive Committee, Binance.US is dedicated to serving everyday Americans and enhancing innovation, access to investments, and regulatory development regarding the current and future digital industry.”

Based in Washington, D.C., the Chamber of Digital Commerce was founded in July 2014. Members of its executive committee include leaders who are building regulated fiat onramps and bridges between legacy finance and emerging digital assets, with the goal of developing platforms that are fully compliant.

Binance.US joins BitPay, Bittrex, Fidelity, IBM, Emurgo, Gemini, Maker and R3, among other members.

Giancarlo, whose pro-crypto stance has earned him the nickname ‘Crypto Dad’, joined the organization’s advisory board last September.

Featured Image: Shutterstock/Ozerov Alexander



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