Commissioner says crypto isn’t going away – Bitcoints

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Published on June 11th, 2018 | by bitcoin

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Commissioner says crypto isn’t going away

Commissioner says crypto isn’t going awayAccording 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.
Images courtesy of Pixabay, Shutterstock, Wikimedia Commons
The post CFTC Commissioner: Bitcoin, Cryptocurrencies Are Not Going Away appeared first on Bitcoinist.com.

Source: Digitalmoneytimes.com

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