CFTC Issues Proposed Interpretation on Virtual Currency “Actual Delivery” in Retail Transactions

By Newsroom America Feeds at 15 Dec 2017

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CFTC Issues Proposed Interpretation on Virtual Currency Actual Delivery in Retail Transactions 12/15/2017 09:46 AM EST *The Commodity Futures Trading Commission (CFTC) today announced a Proposed Interpretation concerning its authority over retail commodity transactions involving virtual currency, such as bitcoin. Specifically, the Proposed Interpretation sets out the CFTCs view regarding the actual delivery exception that may apply to virtual currency transactions. The Proposed Interpretation is open for public comment for 90 days from publication in the Federal Register.

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