CFTC stands for Commodity Futures Trading Commission of the United States. The mission of CFTC is to promote the integrity, resilience, and vibrancy of the US derivatives markets through sound regulation.
California’s Senate Banking and Financial Institutions Committee has unanimously passed Assembly Bill 2150 which will help define digital assets as well as to measure its potential impact on the state and consumers
Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert has stated his preference for the financial governance to be principle based rather than a strictly enforced set of rules. This extends to cryptocurrency and digital assets.