CFTC Chairman Confirms Bitcoin, Ether Are Commodities

[sirty143]

CFTC Chairman Confirms Bitcoin, Ether Are Commodities

The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working with the U.S. Securities and Exchange Commission (SEC) to regulate... See more for yourself here.

Your opinion is greatly appreciated.

[TomPluz]

Well, I think this is now set on a solid stone that the government will be regulating both Bitcoin and Eth as a commodity and not a security which I think can be a little bit favorable to both digital assets. Personally, am not afraid of regulations as long as the aim is to make sure the playing field is even and that there will be enough protection for the public from possible scams, frauds and other shenanigans creatively maneuvered by many bad actors within the crypto industry.