Former CFTC Chairman J. Christopher Giancarlo Joins Paxos Board

According to Odaily, J. Christopher Giancarlo, former Chairman of the U.S. Commodity Futures Trading Commission (CFTC), has announced his appointment to the board of stablecoin issuer Paxos. In a statement, Giancarlo expressed his honor to join the Paxos board and be a part of innovation in the financial sector. He praised Paxos for its role as a leader in bridging traditional and digital asset markets by introducing regulated solutions that ensure safety for institutions and consumers.