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Meet the former DeFi lawyer spearheading fintech development at the CFTC
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Quick Take
- LabCFTC is the innovation wing of the U.S. Commodity Futures Trading Commission. Alongside the rest of the commission, it recently saw a change in management.
- Highly crypto-informed, the new acting director of LabCFTC sat down with The Block to talk about how the Commodities Exchange Act interacts with CeFi and DeFi exchanges alike.
Formerly of 0x Labs, Jason Somensatto is maybe the most crypto-native leader that LabCFTC has ever had.
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