CFTC Commissioner: Developers Accountable for Illegal Smart Contracts
Posted: Tue Oct 16, 2018 1:26 pm
Brian Quintenz, a commissioner at the US Commodity Futures Trading Commission, revealed his take on smart contract regulation at the Gulf Information Technology Exhibition in Dubai.
He expressed in no uncertain terms that the law of the land presides over any code, and revealed who he thinks is responsible for in cases of illegal smart contract use.
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Struggling with definitions
The CFTC is the regulatory body that oversees the commodities, futures and options markets in the US. Much like the Securities and Exchange Commission, its fellow watchdog, it ... (read more)