The Biden transition team just added one of the country's most serious thinkers on the future of payments

Quick Take

  • Former CFTC chair Gary Gensler is no crypto enthusiast, but he takes the underlying payments technology very seriously.
  • As an MIT professor, Gensler argued that cryptocurrency has exposed shortcomings in traditional existing payments infrastructure.
The addition of former CFTC chair Gary Gensler to Joe Biden’s transition team seems like good news for fans of cryptocurrency technology.

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