Comment Text:
Douro Labs LLC (“Douro”) respectfully requests via the attached submission that the Commodity Futures Trading Commission issue guidance clarifying that the laws and regulations administered by the CFTC do not preclude the use of pricing data from decentralized oracle networks to determine the value of reference assets for purposes of settling futures contracts and swaps (collectively, “Contracts”) so long as the networks meet certain quality, transparency, and resiliency standards. Guidance in this vein would clear the way for sophisticated market participants to settle Contracts without overexposing themselves to any one particular spot pricing data provider with limited access to data inputs.
