In a video segment for FintechPolicy.org, Special Counsel Petal P. Walker discusses the case CFTC v. My Big Coin Pay, which involved whether virtual currencies meet the definition of a commodity. She explains the implications of the case for the CFTC’s jurisdiction over virtual currencies and what to expect going forward. 

FintechPolicy.org is a hub for collating and analyzing global regulatory developments in financial technology, and seeks to provide a convenient and interactive forum for understanding these technologies and the rules and regulations addressing them. Walker will be a regulator contributor to FintechPolicy.org.

Walker is a member of WilmerHale’s Securities Department based in the firm’s Washington DC office. She counsels Financial Market Infrastructures, banks and intermediaries, as well as innovators in the digital space, in meeting compliance obligations in a complex web of regulatory requirements. She also advises companies on futures and swaps compliance and regulation. Before joining WilmerHale in 2017, she served as chief counsel for Commissioner Sharon Bowen at the CFTC.