Blockchain Legal Resource

In a recently published Request for Information (“RFI”), the Commodity Futures Trading Commission (“CFTC”) seeks public comment on the underlying technology, opportunities, risks, mechanics, use cases, and markets related to Ether and the Ethereum Network. According to the CFTC, the public input from this request will help to advance its mission of ensuring the integrity of the derivatives markets as well as monitoring and reducing systemic risk by enhancing legal certainty in the markets. In particular, the RFI seeks to understand similarities and differences between Ether and Bitcoin.

In addition to seeking general comment, the RFI includes 25 specific questions, many of which include multiple parts. The RFI concludes by noting that the CFTC looks forward to continuing to engage proactively with the innovator community and market participants in order to help facilitate market-enhancing innovation and ensure market integrity. Public comments are due 60 days after the RFI is published in the Federal Register.