Are Cryptocurrencies Commodities or Securities?: The Big Crypto Debate That Could Change Everything.

As the CFTC and SEC diverge over whether cryptocurrencies are commodities or securities, market players feel confusion and want clarity.

Highlights

Both the CFTC and SEC view bitcoin as a commodity for now, though though, though.
The CFTC alleged the firm violated trading and derivative rules, and referred to the two largest cryptocurrencies, bitcoin and ether, as commodities.
The SEC views most crypto assets (aside from Bitcoin) as securities.
As the SEC and CFTC diverge over whether cryptocurrencies are commodities or securities, market players feel confusion and want clarity.
As someone who’s been covering this space, I can empathize with firms offering crypto trading on this, as it feels wishy-washy.
Almost like if your mom told you one thing, but your dad told you another.

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