CFTC shares ruling on Bitcoin and Ether as commodities

Bitcoin and Ether are officially classified as digital commodities by the CFTC. This was confirmed by an Illinois court, according to the CFTC Chairman Behnam. He also said that 70-80% of assets in the crypto market are non-securities. This contradicts SEC Chair Gary Gensler’s claim that most cryptocurrencies are securities. During a Senate hearing, Senator

Source: Cryptopolitan