“Bitcoin ‘is for sure something we need to explore’, Bart Chilton, one of the five commissioners at the Commodity Futures Trading Commission (CFTC) told the Financial Times. Said Mr Chilton: ‘It’s not monopoly money we’re talking about here – real people can have real risk in these instruments, and we need to ensure that we protect markets and consumers, even in what at first blush appear to be ‘out there’ transactions.’ In essence, we’re talking about a type of shadow currency, and there is more than a colourable argument to be made that derivative products relating to Bitcoin falls squarely in our jurisdiction.'”
http://www.economicpolicyjournal.com/2013/05/breaking-cftc-considering-bitcoin.html
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Tip Freedomwat.ch Staff with Bitcoin
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