Former CFTC Chairman: Facebook's move will drive changes in the regulatory environment across the blockchain

Former US Commodity Futures Commission (CFTC) Chairman Masard said recently that Congress is still skeptical about digital currency. He is currently joining the E-Commerce Chamber of Commerce (CDC) to explore American-style regulatory rules for digital currency and blockchain technology as quickly as possible. He believes that due to the regulatory environmental disadvantages, the blockchain industry is lagging behind in the United States, and there is no suitable institution to formulate and implement relevant regulations, and Facebook's move will promote changes in the entire regulatory environment.