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Crypto Fanboys Celebrate Surprising New Hero: A Washington Regulator

  • Traders often skeptical of government praise CFTC’s Giancarlo
  • Agency chief feted with memes and titles such as ‘cryptodad’
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Bitcoin: What’s Coming in the Year Ahead

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Meet #cryptodad, a top U.S. financial regulator who’s emerged as a cult hero for a crowd that’s often suspicious of government bureaucrats: digital coin enthusiasts.

Testifying before Congress this week, Commodity Futures Trading Commission Chairman J. Christopher Giancarlo urged senators to take a do-no-harm approach to the technology underpinning Bitcoin and other virtual currencies. It didn’t take long for him to earn rock star status on Twitter.