The recent statement by the representative of the Commission on securities and exchange Commission (SEC) US closer to the possible launch of futures on Ethereum, the President and chief operating officer Cboe Chris Concannon (Chris Concannon).
Yesterday the Director of the division of corporate Finance SEC William Hinman (William Hinman) said that the regulator does not consider the second cryptocurrency securities.
Chris Concannon welcomed the news and said that the exchange was “pleased with the decision of the SEC for clarity in this matter.”
“This announcement removes a key stumbling block for futures on Ethereum, the launch of which we have considered since then as he released the first bitcoin futures December 2017,” he added.
Uncertainty “hung” on the cryptocurrency in April, when the former head of the Commission on urgent exchange trade of the USA (CFTC) Gary Gensler (Gary Gensler) stated that Ethereum and Ripple may constitute unregistered securities.
Information about the plans to launch futures contracts for Ethereum and Litecoin Chicago Board of exchange Cboe and CME Group appeared in December of last year.
But while the world’s first trade in futures contracts on Ethereum in the beginning of last month the British company Crypto Facilities. She later became a partner with CME Group in launching public indexes Ethereum — ERR (Ether Reference Rate) and RTI (Real Time Index).