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Regulators Ready to Approve Ethereum Futures, CFTC Insider Says

May 6, 2019, CoinDesk

Anne Termine is quoted in CoinDesk regarding the U.S. Commodity Futures Trading Commission’s willingness to let an ether futures contract go to market. Ms. Termine says, “As such, the CFTC has limited regulatory oversight over cryptocurrency spot markets, namely the ability to take enforcement action whenever there is fraud or manipulation in these spot markets.” She states that introducing a “futures contract would implicate the CFTC’s jurisdiction beyond anti-fraud and manipulation provisions. The implications for the broader community would be enhanced CFTC oversight over [ether] but potentially a legitimization of the cryptocurrency.”

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