Sunday, December 22, 2024

CFTC: Issues Final Interpretive Guidance on Actual Delivery for Digital Assets

CFTC: Issues Final Interpretive Guidance on Actual Delivery for Digital Assets

  • Announced the Commission voted unanimously to approve final interpretive guidance concerning retail commodity transactions
  • Specifically, the guidance clarifies the CFTC’s views regarding the “actual delivery” exception to Section 2(c)(2)(D) of the Commodity Exchange Act
  • These efforts are also especially critical when the hard-earned income of everyday Americans is at stake
  • CFTC will continue to do its part to encourage responsible fintech innovation through sound regulation
  • CEA section 2(c)(2)(D) renders certain “retail commodity transactions” subject to enumerated provisions of the CEA
  • The CFTC’s Division of Market Oversight led the development of the final interpretive guidance

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

What is Fintech?

Fintech: A term used to refer to innovations in...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

FTC Challenges Neobank Dave Over Deceptive Marketing and Hidden Fees

The Federal Trade Commission (FTC) has filed a...

Bank of New Zealand Acquires BlinkPay to Boost Open Banking Solutions

Bank of New Zealand (BNZ) has acquired Auckland-based...

FE Fundinfo Acquires Matterhorn to Enhance AIFMD Reporting Services

FE Fundinfo has acquired Matterhorn Reporting Services to...

Konsentus Chosen to Drive Open Banking API Standards for Bank of Namibia

UK-based regtech Konsentus has been selected by the...

Monument Technology Appoints New CTO and CCO to Strengthen BPaaS Offerings

Monument Technology, a UK-based provider of Banking-Platform-as-a-Service (BPaaS)...

Related Articles

Popular Categories

spot_imgspot_img