‘Crypto Dad’ Giancarlo says DLT could have aided in Archegos
Former CFTC chair says managing collateral by distributed ledger technology would enable better oversight of risks
Christopher Giancarlo, former top regulator and now blockchain champion, says the risks associated with Archegos Capital Management’s $20 billion default might have been better monitored if the collateral in its trades had been managed using distributed ledger technology.
“A distributed ledger, which all market participants would be on, is the way you could have a comprehensive view of any institution’s activities and all markets, whether it be a clearing house, or a prime broker’s exposure to
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