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Code · BILL · 117th Congress · H.R. 4741 (Introduced in House) — To provide for the regulation of digital assets, and for other purposes. · Sec. 202

Sec. 202. Actual delivery of digital assets

121 words·~1 min read·/bill/117/hr/4741/ih/section-202·

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Section 2(c)(2)(D)(ii)(III) of the Commodity Exchange Act ( 7 U.S.C. 2(c)(2)(D)(ii)(III) ) is amended— in item (aa)— by striking other longer and inserting shorter ; and by striking ; or and inserting a semicolon; and by adding at the end the following: with respect to digital assets, results in actual delivery (including transfer of control over private keys) not later than 24 hours after the transaction is entered into and such delivery is accomplished by either— recording the transaction on the public distributed ledger for the digital asset; or with respect to digital asset transactions which are not recorded on a public distributed ledger for the digital asset, reporting the transaction to a CFTC registered digital asset trade repository; or .
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Sec. 202
Actual delivery of digital assets
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