CFTC Chairman: We Have Oversight of Bitcoin Derivatives

The chairman of the United States derivatives regulatory authority has told a senate committee that digital currency derivatives fall within his agency’s remit.

Timothy Massad, who chairs the Commodity Futures Trading Commission (CFTC), testified prior to the SENATE Committee on Agriculture, Nutrition and Forestry yesterday, noting that while his firm does not have specific policies governing digital currencies, it would supervise futures and swaps in any product. This consists of digital currencies, he stated.

He added:

Continue reading at CoinDesk


CoinDesk

Leave a Comment

Your email address will not be published. Required fields are marked *

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Scroll to Top
Notice: ob_end_flush(): failed to send buffer of zlib output compression (0) in /home4/gotwocli/public_html/swissapp/wp-includes/functions.php on line 4673