Petition Pushes CFTC to Clarify Rules on Blockchain 'Delivery'US law firm Steptoe & Johnson LLP has filed a petition with the Commodity Futures Trading Commission (CFTC), calling on the agency to provide more clarity regarding the definition of "delivery" in blockchain-based transactions.
Signed by Steptoe partner Micah Green and senior policy advisor (and former CFTC commissioner) Michael Dunn, the petition centers around actions the agency took against Hong Kong-based bitcoin exchange Bitfinex in June. At the time, the company paid $75,000 amid allegations that it never properly delivered certain funds to traders.
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http://www.coindesk.com/petition-cftc-clarify-blockchain-rules-delivery/
