Creators of Bitcoin Futures Defend Practices Against Regulation

Executives of two bitcoin futures exchanges defended their practices as not unduly risky to the Commodity Futures Committee as it considers tighter scrutiny of cryptocurrency derivatives.
Advocates argue for self-regulation
As reported by Forbes CboE Global Markets President and Chief Operating Officer Chris Concannon contended that before launching  Bitcoin futures in December they had extensive contact with Commodity Futures Trading Commission (CFTC) staff, futures commission merchants, a