CFTC Chairman Confirms Bitcoin, Ether Are Commodities
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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…
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In the high-stakes CFTC action against Binance, his agency claimed that several tokens – bitcoin, ether, litecoin and the stablecoins tether and BUSD – are commodities that Binance was illegally trading. A lawmaker in the House Appropriations Committee asked him in a budget hearing Tuesday whether he personally believed ether…
Staff of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued a joint statement on Tuesday clarifying that registered exchanges “are not prohibited from facilitating the trading of certain spot commodity products.” The move solidifies crypto assets as commodities, not securities, and opens the doors…
Brian Quintenz, a former commissioner at the CFTC and a well-known figure in the digital asset space, has confirmed that his nomination to chair the agency has been withdrawn by the Trump White House. Quintenz, who previously led crypto policy at venture capital giant Andreessen Horowitz (a16z), acknowledged the decision…