CFTC Chairman Behnam Declares Bitcoin and Ethereum as Commodities Amid Ongoing SEC Debate

The Commodity Futures Trading Commission (CFTC) Chair, Benham, has stated that 70-80% of the cryptocurrency market should be classified as commodities. This comment reignites the ongoing debate about the regulatory classification of cryptocurrencies, particularly Bitcoin and Ethereum. Highlighting a recent court decision, Benham emphasized that Bitcoin and Ethereum have been proven to be commodities. Understanding

Source: CoinOtag