CFTC Reaches Settlement With Bitcoin Swaps Shop TeraExchange

By September 24, 2015Bitcoin Business

washington, dc The US Commodity Futures Trading Commission (CFTC) has settled charges it filed today against New Jersey-based bitcoin swap execution facility (SEF) TeraExchange.

The charges stem from a non-deliverable forward contract executed on 8th October on TeraExchange , which is provisionally registered as a SEF. The transaction took place under the active guidance of TeraExchange, without any associated trading fees or collateral requirements, the agency said.

According to the CFTC, these actions constitute wash […]

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