Published on June 11th, 2018 | by bitcoin0
Commissioner says crypto isn’t going away
According to Benham:
[V]irtual currencies may – will – become part of the economic practices of any country, anywhere.
Let me repeat that: these currencies are not going away and they will proliferate to every economy and every part of the planet.
What’s more, Behnam believes cryptocurrencies could become a powerful tool to reduce poverty and corruption with its open-access technology and transparent ledger.
Nevertheless, the CFTC does have authority under the Commodities Exchange Act (CEA) over derivatives on cryptocurrencies traded in the US.
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