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Bitcoin is a commodity [0] under the US Commodity Exchange Act (CEA) and it is regulated by the US Commodity Futures Trading Commission (CFTC). [0] https://www
by mrkramer 3y ago
Bitcoin is a commodity [0] under the US Commodity Exchange Act (CEA) and it is regulated by the US Commodity Futures Trading Commission (CFTC).
[0] https://www.cftc.gov/sites/default/files/2019-12/oceo_bitcoinbasics0218.pdf https://www.cftc.gov/sites/default/files/2019-12/oceo_bitcoi...
- sjtgraham 3y agoThat could change in a second if another agency like the SEC decides it's something else. There is nothing to say that two agencies couldn't hold conflicting positions over what BTC is or isn't.
- arcticbull 3y agoSomeone holds an opinion that this is the case, it has not been resolved as a matter of law yet. It could be, in my opinion, a commodity.
- tiahura 3y agoEPA v. West Virginia "The agency instead must point to 'clear congressional authorization' for the power it claims."