Commissioner Claims CFTC Can Intervene in Bitcoin Markets

By November 18, 2014Bitcoin Business

A commissioner at the Commodity Futures Trading Commission (CFTC) has asserted the agency has the authority to take enforcement actions against price manipulation in bitcoin markets.

Commissioner Mark Wetjen made the remarks at a bitcoin conference held at Bloomberg in New York on Monday.

When asked if the CFTC has the authority to become intervene in such an event, he said: “It has not been tested, but I do believe we have the authority because bitcoin, by I think a very […]

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