CFTC Chairman Confident in Ethereum Futures Launch

‘Ether is a commodtiy,’ says CFTC Chairman Heath Tarbert

CFTC Chairman Confident in Ethereum Futures Launch

Heath Tarbert, Chairman of the Commodity Futures Trading Commission (CFTC), is confident that Ether-based (ETH) futures contracts may soon appear on the market.

IN Bloomberg interview, he said, since we have already seen Bitcoin futures not only in cash, but also deliverable, now we can expect the launch of Ethereum futures. Heath Tarbert is committed to encouraging innovation and would be happy if the United States takes the lead in promoting blockchain and digital assets..

The CFTC Chairman considers Bitcoin and Ether to be a commodity or commodity that falls under the jurisdiction of his department.

CFTC Chairman Confident in Ethereum Futures Launch

For the first time, Heath Tarbert began to raise the issue of the possibility of the appearance on the market of instruments tied to ETH tokens back in October 2019, when he announced that they would start trading within the next 6-12 months..

text: Ivan Malichenko, photo: crain