US Federal Judge: Bitcoin and Cryptocurrency Are Commodities

For the first time, a federal judge has upheld that Bitcoin and other cryptocurrencies are commodities and thus subject to regulation by the U.S. Commodity Futures Trading Commission (CFTC). Bitcoin & Cryptocurrencies Are Commodities U.S. Federal Judge from the Eastern District of New York, Jack Weinstein, ruled on Tuesday that cryptocurrencies should be treated as commodities, reports CNBC. The ruling is a landmark as this is the first time that a court upheld the CFTC’s Read More The post US Federal Judge: Bitcoin and Cryptocurrency Are Commodities appeared first on Bitcoinist.com.



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