CFTC Stresses Exchange Role in Crypto Derivatives Guidance
Agency will step in and act where required, but the lion’s share of responsibility falls to venues.
While the CFTC staff advisory, issued on May 21, described virtual currencies as “unlike any commodity that the CFTC has dealt with in the past,” it largely shied away from committing the regulator to direct intervention.
Instead, in a series of bullet points, it provided guidance stating that exchanges listing contracts on these commodities should engage in a range of measures, stretching from enhanced surveillance of the spot exchanges where price formation occurs through to what it regards
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Wavelength Podcast Episode 168: A Look at the Hemp Market
Julie Lerner joins to talk about the hemp market and PanXchange's launch of a hemp exchange.
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