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


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