There'd Be No DLT Without Bitcoin, Says CFTC Chief

There’d Be No DLT Without Bitcoin, Says CFTC Chief

"It’s important to remember that if there were no bitcoin, there would be no distributed ledger technology." That was the response from Commodity Futures Trading Commission chairman J. Christopher Giancarlo when asked by Arkansas Senator Tom Cotton about the value of the technology underlying cryptocurrencies like bitcoin. In his remarks, Giancarlo described them as invariably linked, striking a bullish tone on the "enormous prospects" of the technology in a range of uses. The comments came during a two-hour hearing of the U.S. Senate Banking Committee before a packed audience, touching on topics like potential new regulation , initial coin […]

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