Yesterday, the President of the CFTC, Rostin Behnam, stated that he believes that most crypto should not be considered as security tokens.
He also stated that Bitcoin and Ethereum should be considered commodities because there is a court ruling that declares it, but this does not yet apply to the majority of altcoins.
CFTC and SEC: the war on crypto considered security tokens
The CFTC is the Commodity Futures Trading Commission, which is the U.S. government agency that oversees the commodity and defi futures markets.
It was them back in 2017 who authorized the stock market debut of the first futures on Bitcoin, on which ETFs approved by the SEC were later issued.
The SEC invece è la Securities and Exchange Commission, un’agenzia governativa che si occupa delle security e degli exchange.
Between the two agencies, there has long been a sort of struggle to be assigned control of the crypto market, and this dispute has not yet been completely resolved.
However,
We współpracy z: https://en.cryptonomist.ch/2024/07/11/cftc-many-crypto-are-not-security-token/
