U.S. judge sides with CFTC on virtual currency oversight

in #cryptocurrency • 6 years ago

WASHINGTON (Reuters) - A federal judge said on Wednesday that virtual currencies meet the definition of a commodity and fall within the jurisdiction of the U.S. derivatives regulator, allowing the agency to pursue fraud allegations against My Big Coin Pay Inc.
Full article:
https://www.reuters.com/article/us-usa-cftc-bitcoin/u-s-judge-sides-with-cftc-on-virtual-currency-oversight-idUSKCN1M62Z0

#regulation #cftc #fraud
6 years ago in #cryptocurrency by
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