Several U.S. regulators will take measures to strengthen the supervision of bitcoin and Futures
Beijing time on January 5th morning news, several U.S. regulators will take measures to strengthen the supervision of bitcoin and futures.
The United States financial derivatives regulators prepared to convene a meeting, discuss digital currency futures listing and trading of the program, operating control problem, because people are increasingly worried about bitcoin may impact on the financial system.
The Commodity Futures Trading Commission (CommodityFuturesTradingCommission) said this month will convene the Advisory Committee meeting of their technology and risk, discuss digital currency futures listed on the “self certification” (self-certification) program, and how to control the risk of product.
Last December, the CME group and the CBOEGlobalMarkets launch of bitcoin futures, some industry participants move to provoke criticism, they believe that regulators should solicit the views of the market, before the approval of products listed.
At the same time, the U.S. Securities and Exchange Commission (SEC) and the North American Securities Management Association (NorthAmericanSecuritiesAdministratorsAssociation) on Thursday issued a warning to investors, they let bitcoin digital currency “cautious”, also said that if there is fraud, institutions may not be able to compensate for any losses of investors.
SEC chairman Jay Clayton (JayClayton), Commissioner Carla Stan (KaraStein) and Michael Pivo Val (MichaelPiwowar) said in a statement, a lot of ICO and other digital currency investment sponsors did not comply with federal and state securities laws. Although regulators are trying to monitor the rapid growth of the market, but SEC urged investors to be vigilant.
The three SEC official said: “the securities regulatory authorities and the state SEC will investigate violations, but we remind you again, if you suffer a loss of money, we take measures and will not allow you to recoup their losses, which is a major risk.”