US Commodities Regulator CFTC Issues Smart Contracts Primer, Outlines Benefits and Risks

The U.S. Commodity Futures Trading Commission (CFTC)’s fintech innovation hub LabCFTC has issued a Primer on Smart Contracts, according to an official announcement Nov. 27.

The primer is LabCFTC’s second fintech-educational publication, the first being its October 2017 primer on virtual currencies. As outlined by the lab’s director Daniel Gorfine, the new primer engages with blockchain-enabled smart contract technology, which he notes “[Is] being used to drive further automation in our markets and may have an impact across a range of economic activities.”

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