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ZyCrypto
2023-03-16 18:19:23

‘Ethereum and Stablecoins Are Commodities’: CFTC Clashes With the SEC

‘Ethereum and Stablecoins Are Commodities’: CFTC Clashes With the SEC

The Commodity Futures Trading Commission (CFTC)’s hearing before the Senate Agriculture Committee Wednesday was dominated by the discussion around digital assets. The commission took a firm stance against the SEC regarding the classification of Ether and Stablecoins. CFTC chair, Rostin Behnam, told the committee that the second largest cryptocurrency was a commodity since it has

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