,i #aafth ,,congress #ast ,session ,h4 ,r4 #dbcd ,,in ,,the ,,house ,,of ,,representatives ,september #f1 #bjai,mr4 ,sean ,patrick ,maloney of ,new ,york introduced the following bill2 which was referred to the ,committee on ,agriculture ,a ,,bill ,to amend the ,commodity ,exchange ,act with respect to the regulation of virtual currencies4 #a4 ,virtual currency 7a7 ,definition ,section #a;a of the ,commodity ,exchange ,act 7#g ,u4,s4,c4 #a;a7 is amended by adding at the end the following3 7#eb7 ,virtual currency ,the term virtual currency means a digital representation of value that does not have legal tender status and that functions as a medium of exchange1 a unit of account1 or a store of value4 4 7b7 ,requirements applicable to boards of trade ,section #e7;d77#d7 of such ,act 7#g ,u4,s4,c4 #g7;d77#d77 is amended-- 7#a7 by striking all that precedes board of trade and inserting the following3 7#d7 ,prevention of market disruption 7,a7 ,in general ,the 2 7#b7 by redesignating each of subparagraphs 7,a7 and 7,b7 as clauses 7i7 and 7ii71 respectively1 and moving each of such provisions #b ems to the right2 and 7#c7 by adding after and below the end the following3 7,b7 ,virtual currency ,notwithstanding paragraph 7#a77;,b71 with regard to a contract on the contract market that references a virtual currency available on a spot market platform1 in order to fully comply with this paragraph1 the board of trade must have-- 7i7 unconstrained access to all trade and trader data regarding the virtual currency on the spot market platform2 and 7ii7 the capability to provide the data to the ,commission on request4 4 7c7 ,requirements applicable ,to swap execution facilities ,section #e;h7f77#d7 of such ,act 7#g ,u4,s4,c4 #g;b-#c7;f77#d77 is amended-- 7#a7 by striking all that precedes swap execution facility shall and inserting the following3 7#d7 ,monitoring of trading and trade processing 7,a7 ,in general ,the 2 7#b7 by redesignating each of clauses 7i7 and 7ii7 of subparagraph 7,a7 as subclauses 7,i7 and 7,,ii71 respectively1 and moving each of such provisions #b ems to the right2 7#c7 by redesignating subparagraphs 7,a7 and 7,b7 as clauses 7i7 and 7ii71 respectively1 and moving each of such provisions #b ems to the right2 and 7#d7 by adding after and below the end the following3 7,b7 ,virtual currency ,notwithstanding paragraph 7#a77;,b71 with regard to a swap on the swap execution facility that references a virtual currency available on a spot market platform1 in order to fully comply with this paragraph1 the board of trade must have-- 7i7 unconstrained access to all trade and trader data regarding the virtual currency on the spot market platform2 and 7ii7 the capability to provide the data to the ,commission on request4 4