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Share link:In this post: The CFTC confirmed that Bitcoin and Ether are classified as commodities, while 70-80% of all crypto assets are non-securities, opposing the SEC’s claims. Senators advice for regulatory action to protect investors because nearly half of the CFTC’s enforcement cases involve crypto.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent re
Bitcoin and Ether are officially classified as digital commodities by the CFTC. This was confirmed by an Illinois court, according to the CFTC Chairman Behnam.
He also said that 70-80% of assets in the crypto market are non-securities. This contradicts SEC Chair Gary Gensler’s claim that most cryptocurrencies are securities.
During a Senate hearing, Senator Sherrod Brown asked Behnam about lessons learned from past crypto frauds.
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