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CFTC withdraws advisory on virtual currency derivative product listings

The Commodity Futures Trading Commission’s Division of Market Oversight and Division of Clearing and Risk announced they are withdrawing CFTC Staff Advisory No. 18-14, Advisory with Respect to Virtual Currency Derivative Product Listings, effective immediately.

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As stated in today’s withdrawal letter, DMO and DCR determined to withdraw the advisory given additional staff experience with virtual currency derivative product listings and increasing market growth and maturity. 

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