U.S. Commodities Agency Could Modify Risk Guidelines to Accept Crypto

U.S. Commodities Agency Could Modify Risk Guidelines to Accept Crypto

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Commissioner said the modifications should require companies to prepare themselves for crypto volatility.
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The CFTC will accept public feedback for 60 days.
Commissioner of the CFTC, Christy Goldsmith Romero, said that the new risk-management guidelines should take into account the threats of rising cryptocurrencies.
The commissioner further emphasized that the proposed modifications should compel companies to adequately prepare for the volatility of cryptocurrencies and the risks involved in safeguarding clients’ digital assets. This suggestion came in response to the U.S. Commodity Futures Trading Commission (CFTC) proposing a revision to its risk management regulations.
In a statement, Romero said …
 

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