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CFTC Turns Research Arm Into Independent Office, Will Study Blockchain and AI

Friday, Oct 25 2019
Blockchain
Written by  FinTech News Brief Staff
CFTC Turns Research Arm Into Independent Office, Will Study Blockchain and AI

The U.S. Commodity Futures Trading Commission is planning an upgrade to its LabCFTC, according to an announcement from its annual Fintech Forward conference. So reports Coindesk.

The fintech research arm will become its own office and report directly to Heath Tarbert, the agency’s chairman. The research wing will continue to study cryptocurrency tools like blockchain. Recently, “as part of its efforts, LabCFTC published a primer on artificial intelligence and its role in financial markets … as part of an ongoing series of educational materials on new tools,” the article reads.

Read the full article from Coindesk.

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