Cryptocurrencies
Ether Futures Likely Stalled as CFTC Launches Review of Token
- Swaps watchdog plans to study how coin compares with Bitcoin
- Traders thought futures were imminent after SEC’s June remarks
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Crypto enthusiasts cheered in June when the U.S. Securities and Exchange Commission removed what traders believed was a major hurdle to Ether joining Bitcoin in the futures markets.
Another regulator, the Commodity Futures Trading Commission, dampened some of that optimism Tuesday by indicating that it still has some fundamental issues with the third most valuable digital currency.