View full page at cryptocraft.com

 

The CFTC Just Defined What ‘Actual Delivery’ of Crypto Should Look Like

From coindesk.com

The U.S. Commodity Futures Trading Commission (CFTC) published its final guidance on "actual delivery for digital assets" Tuesday, seemingly settling a longstanding question on when a cryptocurrency can be "delivered" from one party to another. The CFTC shared a 35-page document stating that in its view, "actual delivery" occurs when a customer has complete control over the asset and the offeror no longer has any control over the asset by the end of 28 days after the transaction. The publication comes following several years of public input from exchanges and other stakeholders. The regulator approved the draft ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis