CFTC though has mentioned that staff members won’t be allowed in any decision-making process involving cryptocurrencies to avoid conflict of interest.
During the Yahoo Finance All-Markets Summit that took place on Feb. 7 in New York City, a top U.S. financial regulator had stuck an upbeat tune about the practice of formal self-regulation within robust cryptocurrency ecosystem.
The heads of both the institutions sounded much positive on the Blockchain technology and talked about the need of regulatory approach while dealing with cryptos.
This is Coinspeaker’s latest weekly round up with the headlines of the past days.
The U.S. derivatives regulator is studying whether it should regulate virtual currencies, its chief said on March 11, 2014, as regulators across the globe start taking the emerging technology more seriously.