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.
Continue reading “Another Court Rules Virtual Currencies are Commodities Subject to CFTC Oversight”
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.
Continue reading “NFA Proposes Enhanced Disclosure Requirements for Members Engaging in Virtual Currency Activities”