Summary:
- This article discusses the role of the Commodity Futures Trading Commission (CFTC) in regulating and overseeing the derivatives market, which is an important part of the financial technology (fintech) industry.
- The CFTC's chairman, J. Christopher Giancarlo, talks about the CFTC's efforts to adapt its regulatory approach to keep up with the rapid technological changes in the financial sector, such as the growth of cryptocurrencies and blockchain technology.
- The article highlights the CFTC's commitment to fostering innovation in fintech while also ensuring that new technologies are used in a way that protects consumers and maintains the stability of the financial system.