Establishes regulatory framework for digital commodities by the Commodity Futures Trading Commission.
The Digital Commodity Intermediaries Act amends the Commodity Exchange Act to establish a regulatory framework for digital commodities. It requires digital commodity exchanges, brokers, and dealers to register with the Commodity Futures Trading Commission. The Act defines terms such as "digital commodity," "digital asset," and "blockchain." It mandates that digital commodity exchanges must maintain adequate financial, operational, and managerial resources, and establish governance arrangements.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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