The CFTC proposed the definition of “delivery” of cryptocurrencies

nComment: Recently, the CFTC announced the definition of “cryptographic currency” from the buyer to the seller, and in October the agency said that due to the fully digital nature of the cryptocurrency, the “delivered” The concept is so complicated that it is still measuring that. However, the explanation given here is not the final version. It also needs a 90-day public comment period since the official publication of the Federal Register.n
nTranslation: Clovern
The U.S. Commodity Futures Trading Commission (CFTC) released an explanation on how to define the “delivery” of a cryptocurrency from the buyer to the seller.n
The agency announced Bitcoin supervision as a commodity two years ago, and now the agency gives two examples of how cryptocurrencies are considered “delivered” under its regulatory rules.n
In October of this year, the agency said it is still measuring this issue as the issue has generally not been clear enough since 2015. Part of the reason for this may be the $ 75,000 fines for Bitfinex, the digital currency exchange, and the subsequent U.S. law firm Steptoe

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