The Future of Cryptocurrency Futures Regulation
Add the chairman of the largest electronic brokerage firm in the U.S. to the list of Cassandras warning us of the perils posed by the trading of cryptocurrencies. In a remarkable open letter in The Wall Street Journal addressed to J. Christopher Giancarlo, the Chairman of the Commodity Futures Trading Commission, Thomas Peterffy, Chairman of Interactive Brokers, reacted adversely to a proposal by the Chicago Mercantile Exchange to allow Bitcoin and other cryptocurrency deriva

