Support the development of virtual currency industry



US Commodity Futures Trading Committee chairman said



Chairman of the Commodity Futures Trading Commission (CFTC) Christopher Giancarlo, the CFTC mission is to monitor the development of the field of cryptocurrency. He stressed that he did not intend to disturb it.

“We resisted the demand for the application of the CFTC’s legal authority to curb cryptocurrency development. … Instead, new products such as bitcoin futures while carefully monitoring market trends Did not interfere with the introduction of



He also stated that he is concentrating on developing unique rules and regulations that are easier, easier to handle, and less expensive for participants in the cryptocurrency market.



Such positive comments from the top of the regulatory committees on the market are likely to be a factor behind the future movement of institutional investors.



The price of Bitcoin itself is also recovering at a slight pace, so there are some waves as it is the market price, but market participants are also likely to increase.

US CFTC Chair Says Agency Has Resisted Calls to Suppress Development of Crypto Sector

https://cointelegraph.com/news/us-cftc-chair-says-agency-has-resisted-calls-to-suppress-development-of-crypto-sector