Bitcoin Hero and CFTC Chair Giancarlo Expects ‘Explosive’ Spike in Crypto Interest

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By CCN.com: J. Christopher Giancarlo, the retiring chairman of the CFTC, expects a massive spike in interest in cryptocurrencies with the launch of bitcoin futures products. Giancarlo made the remarks in a May 1 speech before a Congressional committee. During his testimony, he recounted the highlights of his tenure at the Commodity Futures Trading Commission (CFTC) and its response to today’s increasingly digital and algorithmic financial markets. Giancarlo says the CFTC expects to see a barrage of new applications for clearinghouse registrations resulting from what he believes will be an “explosion of interest in cryptocurrencies.” giancarlo: CFTC must keep up

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