{"id":3022,"date":"2022-08-05T09:47:11","date_gmt":"2022-08-05T09:47:11","guid":{"rendered":"https:\/\/acudc.com\/?p=3022"},"modified":"2022-08-05T09:47:11","modified_gmt":"2022-08-05T09:47:11","slug":"cftc-hints-at-future-digital-asset-regulatory-framework","status":"publish","type":"post","link":"https:\/\/acudc.com\/th\/cftc-hints-at-future-digital-asset-regulatory-framework\/","title":{"rendered":"CFTC Hints at Future Digital Asset Regulatory Framework"},"content":{"rendered":"<p>The Commodity Futures Trading Commission (CFTC), which regulates the U.S.&nbsp;<a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\">bitcoin<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/www.coindesk.com\/price\/ethereum\">ether<\/a>&nbsp;derivatives markets, plans to develop a digital asset innovation blueprint by 2024.<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \u201cWe will develop a holistic framework to promote responsible innovation in digital assets,\u201d the swaps regulator teased in its 2020-2024&nbsp;<a href=\"https:\/\/www.cftc.gov\/PressRoom\/PressReleases\/8196-20\" target=\"_blank\" rel=\"noreferrer noopener\">Strategic Plan<\/a>, released Wednesday.<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This \u201cholistic framework\u201d will help keep the CFTC apace with the \u201crisks and opportunities\u201d of these so-called \u201c21st century commodities,\u201d the regulator said, though it was unclear at press time how far the document will ultimately go.<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chairman Heath Tarbert called for \u201cprinciples-based regulation\u201d of blockchain and digital assets in a June&nbsp;<a href=\"https:\/\/www.hblr.org\/wp-content\/uploads\/sites\/18\/2020\/05\/Tarbert_Final_Draft_vFINAL-1.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">essay<\/a>&nbsp;published by the Harvard Business Law Review, writing there that \u201coverly prescriptive rules could stunt the development of this important market.\u201d<\/p>\n\n\n\n<p>On a related front, CFTC announced Thursday it will host three fintech-focused virtual events this fall, including one talk on the future of finance and another on how regulators respond to financial innovation.(source: coindesk.com)<\/p>","protected":false},"excerpt":{"rendered":"<p>The Commodity Futures Trading Commission (CFTC), which regulates the U.S.&nbsp;bitcoin&nbsp;and&nbsp;ether&nbsp;derivatives markets, plans to develop a digital asset innovation blueprint by 2024. \u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \u201cWe will develop a holistic framework to promote responsible innovation in digital assets,\u201d the swaps regulator teased in its 2020-2024&nbsp;Strategic Plan, released Wednesday. \u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This \u201cholistic framework\u201d will help keep the CFTC apace &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/acudc.com\/th\/cftc-hints-at-future-digital-asset-regulatory-framework\/\"> <span class=\"screen-reader-text\">CFTC Hints at Future Digital Asset Regulatory Framework<\/span> Read More &raquo;<\/a><\/p>","protected":false},"author":1,"featured_media":3016,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[15,9],"tags":[],"_links":{"self":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/3022"}],"collection":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/comments?post=3022"}],"version-history":[{"count":1,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/3022\/revisions"}],"predecessor-version":[{"id":3023,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/3022\/revisions\/3023"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/media\/3016"}],"wp:attachment":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/media?parent=3022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/categories?post=3022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/tags?post=3022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}