LabCFTC, the fintech-focused office of the Commodity Futures Trading Commission, has published a new introduction to digital assets.
The “Primer for digital assetsdated December 15, but announced December 17. It contains basic definitions and overviews of digital asset markets, as well as a handy breakdown of the role of the CFTC and other regulators in regulating these markets.
The latest primer joins three others released over the life of LabCFTC. The earlier, as of October 2017, focuses on virtual currencies, but was 101 levels in terms of much more. While today’s introduction to digital assets is also designed as a basic overview rather than new formal guidelines, it contains many more examples of CFTC interactions with crypto than what the 2017 view could refer to.
As the contact point between the CFTC and emerging technologies, LabCFTC is part of a number of public-facing initiatives. In November it is announced “Nakamoto Terminal” as the winner of the first science competition, which focused on new tools to identify unregistered foreign offerings in the US using artificial intelligence.
It wasn’t until 2019 that LabCFTC rose to status from an independent agency, to which the company released its latest introduction, on artificial intelligence in financial markets. It could be the heightened attention surrounding that of Bitcoin sky-high price that motivated the regulator to release its latest educational material.
LabCFTC had not responded to Cointelegraph’s request for comment at the time of publication.