CFTC Commissioners Approach Blockchain Tech Application to Markets Differently

One of the commissioners of the US Commodity Futures Trading Commission, J. Christopher Giancarlo, stated on Tuesday that regulators should accept technologies like the blockchain and not stifle innovation.

The other CFTC Commissioner, Sharon Bower, was a bit more guarded in her statement at the TAC meeting. Although identifying the potential of distributed ledger technology, Bowen recommended developing an understanding of the technology first before adopting it for markets across the board.