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FIA PTG Responds to CFTC Request for Input on Crypto-Asset Mechanics and Markets

FIA PTG Responds to CFTC Request for Input on Crypto-Asset Mechanics and Markets

15 February 2019 9:15pm EST

Today FIA PTG responded to the CFTC Request for Input on Crypto-Asset Mechanics and Markets. In addition to responding to the 25 questions about the Ethereum network, FIA PTG said “the time is right for launching additional crypto-asset derivative contracts and that Ethereum is mature enough to support futures contracts. Launching futures based on Ethereum, and hopefully other crypto-assets to follow, on futures platforms under CFTC oversight will bring many benefits to the marketplace. In particular, it will allow market participants to gain exposure to these products for both hedging and investment purposes on familiar, transparent, professional and well-regulated markets.”

The full response is available here.

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