Former U.S. CFTC Chairman J. CHRISTOPHER GIANCARLO has joined the board of directors of stablecoin issuer PAXOS. GIANCARLO said in a statement that PAXOS has become a leader in connecting traditional and digital asset markets by launching regulated solutions that are safe for institutions and consumers. He said he was honored to join the PAXOS board of directors and become part of innovation in the financial sector.

<div>
<p>According to CoinDesk, J. Christopher Giancarlo, the former chairman of the U.S. CFTC and known as the "crypto dad", has joined the board of directors of stablecoin issuer Paxos to provide guidance. In a statement, he said, "Paxos has become a leader in connecting traditional and digital asset markets by launching regulated solutions that ensure the security of institutions and consumers. I am honored to join the board of directors of Paxos and be part of the innovation in the financial field."</p>
</div>

Former US CFTC Chairman Joins PAXOS Board of Directors