Illinois Court Confirms Bitcoin and Ethereum as Commodities: CFTC Chair Urges New Legislation

In a significant development for the cryptocurrency market, the Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, has reasserted the classification of Bitcoin (BTC) and Ethereum (ETH) as commodities. This stance by the CFTC Chair contrasts sharply with the Securities and Exchange Commission (SEC), which views most digital tokens as securities. The growing

Source: CoinOtag