U.S. Judge Sides With CFTC on Virtual Currency Oversight

U.S. Judge Sides With CFTC on Virtual Currency Oversight

U.S. Judge Sides With CFTC on Virtual Currency Oversight

A federal judge said on Wednesday that virtual currencies meet the definition of a commodity and fall within the jurisdiction of the U.S. derivatives regulator, allowing the agency to pursue fraud allegations against My Big Coin Pay Inc.

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