Share this article
CFTC to Discuss Blockchain Tech During Public Hearing
The CFTC will discuss the application of blockchain technology in derivatives markets during a meeting later this month.
By Stan Higgins
Updated Mar 6, 2023, 3:01 p.m. Published Jan 8, 2016, 9:37 p.m.
Make us preferred on Google
UPDATE 2 (9th February 16:20 BST): The CFTC has announced that its Technology Advisory Committee will meet on 23rd February to discuss blockchain technology.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The US Commodity Futures Trading Commission (CFTC) will discuss the application of blockchain technology in derivatives markets during a meeting of its Technology Advisory Committee later this month.
According to a notice published today, the hearing will take place on 26th January at the agency’s Washington, DC headquarters. The meeting is open to the public.
The notice states:
"The TAC will discuss: (1) the Commission's proposed Regulation Automated Trading ("Reg AT"); (2) swap data standardization and harmonization; and (3) blockchain and the potential application of distributed ledger technology to the derivatives market."
The agency said that it any written statements submitted to the committee will be published later on the CFTC website.
The hearing comes months after the CFTC declared its intent to regulate bitcoin and other digital currencies as commodities.
That decision was tied to an enforcement action against a bitcoin options trading platform. The agency settled charges later that month with bitcoin swap execution facility TeraExchange over alleged violations of the Commodity Exchange Act.
Image via Wikimediahttps://upload.wikimedia.org/wikipedia/commons/thumb/a/a9/US-CFTC-Seal.svg/2000px-US-CFTC-Seal.svg.png
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
HYPE token surges 24% as silver futures volume soars on Hyperliquid exchange
Silver futures on the crypto derivatives exchange are currently showing $1.25 billion in volume and $155 million in open interest.
What to know:
- HYPE, the native token of the Hyperliquid derivatives exchange, jumped 24% in 24 hours as trading in silver, gold and other commodities surged.
- Silver perpetual futures on Hyperliquid became the platform’s third most active market during Asia hours.
- Because trading fees from user-created markets are used largely to buy back HYPE on the open market, the spike in commodity activity is fueling demand for the token and signaling broader growth for Hyperliquid.
Top Stories
