CFTC Requests Information Regarding Virtual Currency Ether, Possibly in Connection with Evaluating Potential Derivatives Contracts

January 15, 2019

The Commodity Futures Trading Commission published on December 17, 2018 a request for industry input regarding the technology, mechanics and markets for the virtual currency Ether and its use on the Ethereum Network. The responses to this request could inform the CFTC’s understanding of the market for Ether and any derivatives contracts on Ether that designated contract markets (DCMs) may list in the future. The CFTC regulates the U.S. derivatives markets (futures, options on futures and swaps), and under authority granted to it under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, also has authority to bring enforcement actions for fraud and market manipulation in cash commodities in interstate commerce.

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