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I thought they were pretty clear on where the line is drawn. Gary Gensler and Rostin Behnam consider Bitcoin a commodity in the crypto space, so would be regul
by Quindecillion 4y ago
I thought they were pretty clear on where the line is drawn.
Gary Gensler and Rostin Behnam consider Bitcoin a commodity in the crypto space, so would be regulated by the CFTC.
Every other crypto (probably even Ethereum) is a security, and so falls under the SEC's jurisdiction.
That's what they've been signalling for a while now.
- cdiddy2 4y agoit seems that they disagree on ethereum https://decrypt.co/123032/cftc-chair-says-ethereum-is-a-commodity-despite-genslers-bitcoin-only-position https://decrypt.co/123032/cftc-chair-says-ethereum-is-a-comm...