Crypto-Friendly CFTC Commissioner Tarbert to Leave Regulator Friday

Heath Tarbert is leaving the regulator after an 18-month tenure that included debut of an ether futures contract.

AccessTimeIconMar 3, 2021 at 7:14 p.m. UTC
Updated Sep 14, 2021 at 12:20 p.m. UTC

Former Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert announced in a Wednesday tweet that he will officially depart the federal regulatory agency Friday.

  • His tenure as chairman included the classification of ether as a commodity, the launch of ether futures contracts and an expansion of regulated crypto derivative products.
  • Tarbert had previously said his 18-month term would end once President Joe Biden took office. He stepped down from the chairmanship in January and was replaced acting chairman Rostin Behnam.
  • Biden has not yet nominated a permanent replacement but crypto-savvy academic Chris Brummer is said to be in the lead for the position.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Read more about