The Chicago stock exchange cryptooperation ErisX was sent to the Commission on trade commodity futures (CFTC) letter-comment to the request about the technology of Ethereum, according to The Block.
Last December, the CFTC published a request from the public information about various aspects of the Ethereum platform, including technology, features, possible applications, etc. In particular, the Commission wished to identify “similarities and differences between some of the virtual currencies, as well as opportunities, challenges and risks” associated with the ether.
In a letter addressed to the CFTC ErisX noted that “in some cases, legal uncertainty limits the possibility of entrance into the industry of new companies, especially regulated market participants”. Thus formed filled a niche of “unregulated or poorly regulated stock exchanges and brokers”, many of which are registered in offshore zones.
In ErisX sure that “run standardized and regulated CFTC products based on reliable custodial infrastructure” will have a positive impact on Ethereum. The regulation “will attract more participants, increase transparency of pricing and liquidity of markets, and open the asset holders of the new features for risk management”.
Recall that in the first half of this year ErisX is going to launch the deliverable futures on bitcoin, Bitcoin, Cash, Litecoin, and Ethereum. Recently, the Board of Directors of this exchange included the head of the blockchain startup ConsenSys Joseph Lubin.
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