WASHINGTON — Commodity Futures Trading Commission Acting Chairman Caroline D. Pham today announced the CFTC is withdrawing outdated guidance related to actual delivery of “virtual currencies,” given the substantial developments in crypto asset markets. 

“Eliminating outdated and overly complex guidance that penalizes the crypto industry and stifles innovation is exactly what the Administration has set out to do this year,” said Acting Chairman Pham. “Today’s announcement shows that with decisive action, real progress can be made to protect Americans by promoting access to safe U.S. markets.”