![cftc.jpg](https://cdn.steemitimages.com/DQmUZjvg87YFm4VTjWBPmSTJedkR6SWxE7kgd1vu52JCjTW/cftc.jpg)
At the same time, Giancarlo defended the blockchain US card for innovation, notably by creating a MOST prototype for Betcophen derivatives consisting of "Future Betcairn Trading at the Chicago Mercantile Exchange and Pitcairn Also Petrochemical Options and Clearing"It".
Regarding the separation between encrypted markets and the SEC, it is up to Capitol Hill to escape leaks. Lawmakers in recent days have asked the company's chairman, Jay Clayton, to clarify the Wall Street regulator's view of encryption. In a letter to President Clayton, lawmakers said frankly, "We think the SEC can do more to clarify the position of ICTs" in its playground, ordering lawmakers not to stop the two. sides of the blockchain corridor to support their own bills.

In the meantime, for the United States to take regulatory action, it risks undermining innovation and investment. The cryptographic community seems impatient with the ETF and its chances of remaining as early as 2019 as soon as possible.

Giancarlo did not defend the Securities and Exchange Commission, but he did not know it was written about 100 years ago. While addressing the CFTC from the point of view of institutional investors, it is necessary to look at it from a perspective and protect individual investors. In the end, it's about creating a gap between eliminating fraud and promoting blockchain innovation. Giancarlo ended by saying: 
“I personally think that cryptocurrencies are here to stay. I think there is a future for them.”