What are the legal requirements for crypto options trading in the USA?

1 answers

• dongNov 14, 2020 · 5 years ago
  Crypto options trading in the USA is regulated by the CFTC and the SEC. Traders need to be aware of the legal requirements imposed by these regulatory bodies. The CFTC requires traders to register with them and comply with their regulations, such as reporting and record-keeping requirements. The SEC also has jurisdiction over certain crypto options trading activities, especially if they involve securities. Traders should familiarize themselves with the regulations set forth by these agencies and ensure compliance to avoid any legal issues. It's advisable to seek legal counsel to fully understand the legal requirements and obligations associated with crypto options trading in the USA.
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