Ethereum

2024

Bitcoin

Coin

<ul class="news-points"> 
 <li><strong>CFTC Chairman Behnam confirms Bitcoin and Ethereum as digital commodities under the Commodity Exchange Act. </strong></li> 
 <li><strong>An Illinois court decision provides regulatory clarity and sets a precedent for other cryptocurrencies. </strong></li> 
 <li><strong>Behnam states 70-80% of the cryptocurrency market are non-securities, impacting regulatory oversight. </strong></li> 
</ul> 
<p>An Illinois court ruling has officially recognized Bitcoin and Ethereum as digital commodities, a decision that could reshape the regulatory landscape for the cryptocurrency industry.</p> 
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">CFTC Chairman Behnam says an Illinois court confirmed that <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BTC</a> and <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> are digital commodities under the Commodity Exchange Act.</p>— Eleanor Terrett (@EleanorTerrett) <a href="https://twitter.com/EleanorTerrett/status/1811042341521703213?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">July 10, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>CFTC Chairman Rostin Behnam <a href="https://www.cftc.gov/PressRoom/SpeechesTestimony/opabehnam48" target="_blank" rel="nofollow">confirmed the ruling</a>, highlighting its potential to bring clarity to a market where 70-80% of assets could fall under the CFTC’s jurisdiction rather than the SEC’s. This distinction has significant implications for compliance and oversight within the crypto space.</p> 
<p>In his recent speech, Chairman Behnam had emphasized the CFTC’s role in regulating digital commodities, reiterating that Bitcoin and Ethereum are classified as such. This classification means the…</p>
<p>The post <a href="https://coinedition.com/bitcoin-and-ethereum-declared-commodities-landmark-court-ruling-reshapes-crypto-regulation/">Bitcoin and Ethereum Declared Commodities: Landmark Court Ruling Reshapes Crypto Regulation</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Bitcoin and Ethereum Declared Commodities: Landmark Court Ruling Reshapes Crypto Regulation

Coin Edition

Ďalšie články zverejnené 10. 7. 2024

Crypto for good: Why blockchain can bring financial inclusion worldwide

Binance Beats Competitor Exchanges as its Bitcoin Holdings Surge Despite Market Downturn

Here’s Why Billion Dollar Jackpot Could Be the Next Top Crypto

Vitalik Buterin Proposes New Defense for Ethereum Attacks

Bitcoin (BTC) Trading on Coinbase Sees Decline as Price Fights to Reclaim $60,000

Is MoonBag Meme Coin the Next Millionaire-Maker? Presale Success Leaves Tron and Toshi in the Dust

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!