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What I find fascinating is that CFTC claims Ethereum is a commodity. Meanwhile SEC says Ethereum is a security. Specially after the move to PoS. It doesn’t se
by seviu 4y ago
What I find fascinating is that CFTC claims Ethereum is a commodity.
Meanwhile SEC says Ethereum is a security. Specially after the move to PoS.
It doesn’t seem they can even agree with each other.
- discodave 4y agoWhy not? Gold is both a commodity and a security (think gold ETFs). This logic seems like wishful thinking that people can't get rekt by both the SEC and CFTC, they can.
- koolba 4y agoBut each of those is a separate thing. Gold the commodity is traded and regulated differently than a gold ETF. Just because they’re both related to the metal does not mean a single regulatory body has dominion over both.