No one has classified Bitcoin as a security. Per Wikipedia: >The U.S. Treasury classified bitcoin as a convertible decentralized virtual currency in 2013.[1]

No one has classified Bitcoin as a security. Per Wikipedia: >The U.S. Treasury classified bitcoin as a convertible decentralized virtual currency in 2013.[1] >The Commodity Futures Trading Commission, CFTC, classified bitcoin as a commodity in September 2015. >Per IRS, bitcoin is taxed as a property.[2] [1]https://www.fincen.gov/news/testimony/statement-jennifer-shasky-calvery-director-financial-crimes-enforcement-network https://www.fincen.gov/news/testimony/statement-jennifer-sha... [2]https://www.irs.gov/uac/newsroom/irs-virtual-currency-guidance https://www.irs.gov/uac/newsroom/irs-virtual-currency-guidan... In the US it is classified either as a currency, piece of property or a commodity, and as of Monday it will also be available as a futures contract of a commodity. Neither commodities nor futures contracts are consider securities, as they fail the clause of the Howey Test that would make them dependent on a single entity or management group. This is why commodity futures trade is managed by the CFTC (Commodity Futures Trade Commission) rather than the SEC (Securities Exchange Commission). In fact, while some other tokens and ICOs have been found to be securities both in the US and abroad, no country has formally noted Bitcoin as a security - many treat it as a currency under a new classification for eMoney, Digital Currency or Virtual Currencies.