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 […]