CFTC to discuss blockchain potential 13 January 2016Washington DC Reporter: Stephanie Palmer
Image: Shutterstock
The US Commodity Futures Trading Commission (CFTC) Technology Advisory Committee (TAC) will hold a public meeting addressing blockchain and the potential applications of distributed ledger technology in the derivatives market.
On 26 January the committee will also discuss the CFTC’s proposed regulation on automated trading and standardisation and harmonisation of swap data.
The meeting comes after the CFTC ruled in September that bitcoin and other virtual currencies are commodities, and as such are covered by the Commodity Exchange Act. It then ordered a bitcoin options trading platform operator to stop offering bitcoin options.
Members of the public are invited to submit any statements in connection to the meeting in advance, and the public is also invited to attend the meeting on a first-come first-served basis.
The meeting will also be available to listen too through a toll-free phone number, and a transcript will be published afterwards.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 