Menu Laterale Completo
🇮🇹 ITA 🇬🇧 ENG
× 📱 DOWNLOAD APP OUR SERVICE

🟠BITCOIN AND ETHEREUM CLASSIFIED AS COMMODITIES

🟠BITCOIN AND ETHEREUM CLASSIFIED AS COMMODITIES

Day: 10 | Time: 22:26:16.000Z In a recent Senate Committee hearing, CFTC Chairman Rostin Behnam confirmed that both Bitcoin and Ethereum have been classified as commodities in Illinois. This decision confirms that Bitcoin and Ether are considered commodities under the Commodities Exchange Act, which falls under the supervision of the CFTC rather than the SEC. Behnam stated that between 70% and 80% of cryptocurrencies are not considered securities, potentially reducing the difficulties faced by the cryptocurrency industry with the SEC. This decision could impact cryptocurrency regulation in the future.

Bitcoin
Ethereum
cryptocurrency
CFTC
Rostin Behnam
SEC
crypto market