CFTC Publishes Digital Assets Primer
The
Commodity Futures Trading Commission (CFTC) has published a
Digital Assets Primer to provide information to the public about emerging concepts in digital assets. The document is said to be part of a series by LabCFTC, a relatively new division at the Commission that focuses on innovation in financial services.
Brian Trackman, LabCFTC Senior Counsel and lead author of the primer, said the document builds upon a publication released in 2017 that focused on virtual currencies. This document incorporates crypto as well as smart contracts and other “digitized representations of value or ownership.”
LabCFTC Director and Chief Innovation Officer
LabCFTC Releases Digital Assets Primer Date
17/12/2020
The Commodity Futures Trading Commission today released a Digital Assets Primer to provide updated information to the public about emerging concepts in digital assets. The primer is part of a series issued by the CFTC’s innovation office, LabCFTC, and is the second to delve into issues surrounding digital assets.
“This Digital Asset Primer builds on LabCFTC’s 2017 Primer on Virtual Currencies, which focused on virtual currencies like bitcoin. The focus of this Digital Asset Primer is broader to include not only virtual currency, but also smart contracts and other digitized representations of value or ownership,” said Brian Trackman, LabCFTC Senior Counsel and lead author of the primer.