US Regulator Wants to Adopt Blockchain to Maintain Pace with Market Manipulators - Coins On News
The chair of the U.S. Commodity Futures Trading Commission (CFTC) has said that he wants to adopt blockchain to “keep pace with those who attempt to defraud, distort, or manipulate” financial markets. CFTC Chairman Giancarlo Envisions Compliance Built into Business Operations Through Smart Contracts J. Christopher Giancarlo spoke about the use of blockchain and machine learning for regulatory purposes at Georgetown University. The head regulator is confident the digital era will prove to be a positive factor to better oversee financial markets. “These tools will become even more paramount as emerging blockchain technologies seek to decentralize markets or disintermediate traditional