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Harvard Law School Corporate Governance Blog 12/03/2018 09:01
Background In January 2018, the Commodity Futures Trading Commission (“CFTC”) filed a civil action against a virtual currency issuer and its promoters alleging that they committed “commodity fraud and misappropriation related to the ongoing solicitation of customers for a virtual currency known as My Big Coin (MBC.
Bitcoins Channel 12/10/2018 00:03
The Virtual Currency Consumer Protection Act also directs the CFTC to describe how price manipulation can happen in virtual markets and how this can be prevented.
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Glenbrook Partners - General Author 12/03/2018 12:05
On September 26, 2018, a US federal court found that virtual currency constitutes a class of items that are commodities under the Commodity Exchange Act (“CEA”) because one member of that class, Bitcoin, is the subject of futures trading.

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