CFTC targets Ethereum Network in comment probe

The Commodity Futures Trading Commission (CFTC) is seeking public comment and feedback in order to better inform the regulator’s understanding of the technology, mechanics, and markets for virtual currencies beyond bitcoin, namely ether and its use on the Ethereum Network. The CFTC expects the comments and information received will benefit LabCFTC, the CFTC’s fintech initiative.

In a Request for Information (RFI) that will be published in the Federal Register, the CFTC is asking for public feedback on a range of questions related to the underlying technology, opportunities, risks, mechanics, use cases, and markets, related to ether and the Ethereum Network. The RFI also seeks to understand similarities and distinctions between ether and bitcoin, as well as ether-specific opportunities, challenges, and risks.

Read the full release

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