Wall Street, Regulation, and the Future of Money | J. Christopher Giancarlo

About this episode

Is crypto building a freer financial system, or giving Wall Street and Washington new ways to control it? Former CFTC Chairman Chris Giancarlo returns to Bankless to unpack crypto's political battles, why he believes Wall Street will move onto digital rails by 2040, and what the 2008 financial crisis taught him about the limitations of traditional finance. Plus, the evolution of Bitcoin futures and perpetuals, the debate over stablecoins and CBDCs, and why financial privacy may matter more than the technology itself. His new book, The New Adventures of CryptoDad, brings these questions into focus. --- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium --- BANKLESS SPONSOR TOOLS: 🔓NEAR | TRADE CONFIDENTIALLY, GET 20% BACK https://bankless.cc/near2026 🌍 RIPIO | LOCAL CURRENCIES, ONCHAIN https://bankless.cc/ripio 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://thedefireport.io/bankless 👑BANKLESS CONTENT MCP https://www.bankless.com/premium --- TIMESTAMPS 00:00 CryptoDad's New Mission 04:36 How Crypto Became Political 12:16 Why the SEC Crackdown Failed 17:09 Bitcoin Futures, Perps, and Regulation 27:54 Passing the CFTC Baton 33:52 Who Controls Digital Finance? 39:40 The 2008 Banking Blind Spot 45:31 Wall Street Moves Onchain 50:52 Privacy and the Digital Dollar --- RESOURCES Christopher Giancarlo https://x.com/giancarloMKTS The New Adventures of CryptoDad https://www.amazon.com/New-Adventures-CryptoDad-Digital-Century/dp/1394431228 --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures