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Bitcoin Futures Cop Says It Will Remain on Beat During Shutdown

  • ‘Excepted’ to be on guard against market fraud, CFTC says
  • Agency would be forced to halt many other normal activities
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The U.S. Commodity Futures Trading Commission said it would keep tabs on Bitcoin futures trading and other markets during a government shutdown, even though it would be forced to halt many other normal activities.

“One component of the agency’s mission is to oversee orderly derivatives markets, and to police those markets to ensure they are free of fraud and manipulation,” the CFTC said in a statement Friday. “In the event of a shutdown, the agency will have ‘excepted’ staff in place who will continue to perform this function across the derivatives markets -- including the virtual currency derivatives market.”