CFTC Chairman: Many Crypto Tokens Are Considered Commodities Under Existing Laws


CFTC Chairman: Many Crypto Tokens Are Considered Commodities Under Existing LawsThe chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, has stated that many digital assets are considered commodities under existing law. Behnam urged the U.S. Congress to hasten the process of establishing a regulatory regime for cryptocurrency. He also emphasized that he and Gary Gensler, the U.S. Securities and Exchange Commission chairperson, “get […]