Benjamin Sauter and David McGill Examine U.S. Regulatory Turf War Over Digital Currency Trading
August 14, 2017
There is more than meets the eye to recent announcements that LedgerX and CBOE will soon be offering digital currency derivatives in the U.S.
In addition to delivering new financial products to the public, Benjamin Sauter and David McGill examine in a Coindesk article titled "LedgerX and CBOE: The CFTC's Trojan Horse in an SEC Turf War" how these initiatives may also usher the U.S. Commodity Futures Trading Commission into the underlying digital currency markets. If so, this would be a regime change in how cryptocurrency trading is regulated, particularly with respect to manipulative or disruptive trading practices.