0x senior counsel moves to policy advisory role at CFTC fintech unit

Jan 26, 2021 | The Block News | 0 comments


A decentralized finance project’s senior counsel is headed to the halls of the U.S.’s commodities regulator.

Jason Somensatto of 0x tweeted today he’d be joining the Commodity Futures Trading Commission (CFTC) as a policy and tech specialist.

Somensatto will be joining the CFTC’s fintech innovation arm, LabCFTC. The branch advises CFTC staff on policy related to emerging technologies. 

“I am excited to help build a deeper understanding of how crypto assets and fintech intersect with regulation of the derivatives market,” said Somensatto’s LinkedIn update.

Somensatto has worked in the Ethereum ecosystem since 2018, and was the decentralized exchange’s’ first lawyer, according to his website

© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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