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Ethereum Futures: The Next Big Derivative to Hit the Market?

The United States Commodity Futures Trading Commission (CFTC) hasn’t come to bury Ether, it’s come to regulate it. That was the message drawn from Heath Tarbert’s remarks from the stage at Yahoo Finance’s All Markets Summit in New York City on Oct. 10, which could have important consequences for the crypto and blockchain industry. He went on:


“It is my view as Chairman of the CFTC that Ether is a commodity, and therefore it will be regulated under the CEA. And my guess is that you will see in the near future Ether-related futures contracts and other derivatives potentially traded.”


Ether (ETH) — the native cryptocurrency of the Ethereum ecosystem — is a public, open-source blockchain-based platform that features smart contracts. As a commodity, Ether would be regulated in the U.S. by the CFTC; if it were found to be an investment, by contrast, it would be regulated by the Securities and Exchange Commission (SEC). Read more...

#ETH #Futures

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