The 'Father of Cryptocurrency' has landed! Former CFTC Chairman joins digital asset unicorn, global regulatory battle escalates!

On May 27, Swiss crypto bank Sygnum announced significant news: Christopher Giancarlo, the former Chairman of the Commodity Futures Trading Commission (CFTC) and nicknamed the 'Father of Cryptocurrency', officially joins as a Senior Policy Advisor, working alongside 11 advisory board members. This Swiss giant, known as the 'world's first digital asset bank', has recently entered the unicorn ranks with $58 million in financing, and Giancarlo's addition may become the 'nuclear weapon' of its global compliance strategy.

💥 Regulatory Turning Point: The Ambition of the 'Godfather' of Crypto

Giancarlo, who chaired the CFTC from 2017 to 2019, earned the title 'Father of Cryptocurrency' for his strong advocacy for the legalization of digital assets. He stated that we are currently at a 'critical point' where global institutions are embracing crypto, and his new role will focus on the design of regulations for the public and private sectors, as well as strategic cooperation. Previously, he called for a 'political revolution' in Washington in 2023 to promote crypto legislation, and after Trump's victory last November, this vision may accelerate its realization.

🚀 Institutional Influx: Bitcoin ETF Attracts $1.5 Billion in One Day

Policy tailwinds and technological innovations are igniting institutional enthusiasm:

The U.S. Bitcoin ETF set a historic high this month, attracting $1.5 billion in just two days; the Senate passed the 'Stablecoin National Innovation Act' (GENIUS), which may pave the way for institutional entry; Fidelity reports that the new Bitcoin all-time high forms a 'positive feedback loop', with more institutions viewing it as a core asset in modern portfolios.

🌍 Global Regulatory 'Three Kingdoms': Can Switzerland Maintain its Crypto Throne?

Sygnum's active crypto markets in places like Singapore and the UAE are growing rapidly, but CEO Matthias Imbach warns that if Switzerland does not continue to innovate, it may lose its status as a 'crypto paradise'. Giancarlo's addition undoubtedly injects strong confidence into Switzerland's regulatory competitiveness.

🔮 Future Suspense: Can the Godfather of Crypto Rewrite Industry Rules?

From regulatory sandboxes to institutional entry, the global crypto landscape has entered 'deep waters'. Can Giancarlo's 'policy nuclear bomb' ignite a compliance revolution? This game may decide the fate of digital assets over the next decade...