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Expert Analysis

CFTC's Position On Bitcoin — And What It Means

Law360, New York (September 25, 2015, 10:52 AM EDT) -- On Sept. 17, 2015, the U.S. Commodity Futures Trading Commission issued an order against an online platform (and against its sponsor) for facilitating the trading of bitcoin options contracts.[1] The order is based on the activities of Francisco Riordan, the chief executive officer of Coinflip Inc., and of Coinflip itself in operating an unregistered online trading platform that enabled trading in bitcoin-based derivatives....

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