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CFTC Preliminary Interpretation on Bitcoin Financing

The Commodity Futures Trading Commission (CFTC) has issued a preliminary interpretation regarding the application of futures-style rules to Bitcoin financing offers. The interpretation states that even if a retail customer declines a financing offer for a Bitcoin purchase, the purchase may still be subject to futures-style oversight if the offer applies and no statutory exception removes it from coverage. Comments on the interpretation are due by December 14.

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