Ex-CFTC Chair Giancarlo Sees Europe’s MiCA Bill as a Threat to US Crypto Industry

Former Commodity Futures Trading Commission (CFTC) chief Chris Giancarlo is worried that the E.U.’s fast-moving Markets in Crypto Assets (MiCA) bill could lead to the global export of European-style crypto regulation, negatively impacting U.S. regulators’ ability to effectively create rules of their own.