CFTC classifies Ethereum, Bitcoin, and Tether as commodities
Based on recent FTX court filings, reports on Thursday show that the Commodity Futures Trading Commission (CFTC) has designated Ethereum (ETH), Bitcoin (BTC), and US Dollar Tether (USDT) as commodities. The CFTC often referred to all three as commodities in its complaint against Sam Bankman-Fried, the former CEO of FTX. CFTC designates three cryptocurrencies as […]