CFTC Appoints Bitcoin Expert, First 2016 Meeting Will Have Blockchain Focus
Every financial regulatory body around the world seems to be trying to wrap their heads around Bitcoin and its underlying blockchain technology these days, and the Commodity Futures Trading Commission (CFTC ) in the United States is not immune to this trend. Simply defining bitcoin as an asset has proved to be a difficult task for many regulatory....
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CFTC has appointed a bitcoin trading expert to their Technology Advisory Committee and has set a meeting on January 26th to review blockchain and bitcoin’s potential application to the derivatives market. Commodities Futures Trading Commission has appointed Paul L. Chou, a bitcoin trading expert to their Technology Advisory Committee. CFTC has also announced that on Tuesday, January 26, 2016 from 9.45 am to 3.45 p.m, the Technology Advisory Committee (TAC) will hold a public meeting at their Washington, DC Headquarters. The agenda of this meeting inclines on the following: The commission’s....
The US Commodities Futures Trading Commission (CFTC) recently held a meeting on Bitcoin. The public meeting was held by the CFTC's Global Markets Advisory Committee (GMAC) and was sponsored by CFTC Commissioner Mark P Wetjen. The meeting was first called in September to discuss whether or not the CFTC has jurisdiction over Bitcoin derivatives. The CFTC was joined by expert panelists including Coin Center's Jerry Brito, Law Professor Houman Shadab, TeraExchange's founder Leonard Nuara, and BitPay's Chief Compliance Officer Tim Byun. Together, the group discussed Bitcoin futures' future and....
The US Commodity Futures Trading Commission (CFTC) has announced that it will hold a public meeting to discuss bitcoin and digital currencies on 9th October in Washington, DC. Created in 1975, the US CFTC is an independent federal agency that regulates the country's futures and options markets. The meeting will be presided by the CFTC's Global Market Advisory Committee, a group that advises the organisation on issues related to market integrity and competitiveness. The CFTC indicated that the meeting will consist of two panels, one of which will focus on examining bitcoin and questions....
The U.S. Commodity Futures Trading Commission (CFTC) will meet on Jan. 26 to review the dual capabilities of bitcoin and the blockchain for the derivatives market. The commission appointed Paul L. Chou, CEO and founder of Ledger X, as a bitcoin trading expert to its technical advisory committee. The meeting will be from 9:45 a.m. to 3:45 p.m. at the CFTC’s Washington, D.C. headquarters. Attendees will discussion the proposed regulation of automated trading, swap standardization and harmonization, and the potential application of distributed ledger technology to the derivatives market.
LedgerX, an institutional bitcoin trading and clearing platform, announced this week that Mark Wetjen, the ex-commissioner of the U. S. Commodity Futures Trading Comission (CFTC), will join its board. Nominated by President Barack Obama in 2011 and unanimously confirmed by the Senate as one of the five CFTC commissioners, Wetjen both helped to implement the first trading mandate for certain types of interest rate and credit default swaps and pushed the CFTC to undertake approximately 95 enforcement cases under the Dodd-Frank Act and Commodity Exchange Act. He also served as the acting....