Tag: virtual currency

Another Court Rules Virtual Currencies are Commodities Subject to CFTC Oversight

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The U.S. District Court for the District of Massachusetts is the latest court to rule that virtual currencies are commodities, and subject to Commodity Futures Trading Commission (CFTC) jurisdiction.

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NFA Proposes Enhanced Disclosure Requirements for Members Engaging in Virtual Currency Activities

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The virtual currency market continues to grow, and this growth has fueled increased attention from retail investors and financial regulators. Financial institutions active in the virtual currency market have seen a trend towards increased regulatory oversight and the latest development imposes new client disclosure requirements upon certain companies.

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