Sec. 202. Actual delivery of digital assets
122 words·~1 min read·
/bill/118/hr/5745/ih/section-202A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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 repository of transactions; or .