CFTC chief says Bitcoin is the only commodity in the wake of FTX collapse By Cointelegraph
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The chief of the United States Commodity Futures Trading Commission (CFTC), Rostin Behnam, claimed is the only crypto asset that can be viewed as a commodity during an invite-only crypto event at Princeton University, reported Fortune.
Behnam’s comments are quite a contrast to his early statements in October, where he claimed Ether (ETH) could also be viewed as a commodity. The CFTC chief was answering a question on which crypto assets should be seen as commodities and which ones qualify as securities.
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The chief of the United States Commodity Futures Trading Commission (CFTC), Rostin Behnam, claimed is the only crypto asset that can be viewed as a commodity during an invite-only crypto event at Princeton University, reported Fortune.
Behnam’s comments are quite a contrast to his early statements in October, where he claimed Ether (ETH) could also be viewed as a commodity. The CFTC chief was answering a question on which crypto assets should be seen as commodities and which ones qualify as securities.
Continue Reading on Coin Telegraph