Feb 20, 2019
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US Commodities Trading Commissioner Suggests Self-Regulatory Crypto Approach

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The US Commodities and Futures Trading Commission (CFTC) seems to be considering a self-regulatory approach towards cryptocurrencies as commissioner Brian Quintenz has brought up the idea of self-regulation in a first. Quintez said that the members of the crypto community could create a self-regulatory structure during a Bipartisan Policy Center panel.

More specifically, Qunitenz believes that the US CFTC’s lack of crypto statutory oversight capability left some room for the cryptocurrency community for a self-regulatory effort. He believes that “platforms come together to form some type of self-regulatory structure where they can discuss, agree to, implement, and hopefully examine or audit”.

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