Bitcoin and Ethereum Confirmed as Commodities in Landmark CFTC Decision

This week saw a regulatory victory for Bitcoin (BTC) and Ethereum (ETH) as they were officially classified as commodities. The classification was confirmed at the Digital Commodities Senate AG hearing and could have profound implications on the crypto market. US Commodities Futures Trading Commission (CFTC) Chairman Rostin Behnam confirmed this classification, marking a pivotal moment

Source: CoinOtag