FOX reporter: CFTC chairman says 70-80% of cryptocurrencies do not constitute securities
Odaily2024/07/10 16:39
By:Odaily
Odaily News FOX Business reporter Eleanor Terrett followed the progress of the digital commodity regulation hearing held tonight on the X platform. At the hearing, Rostin Behnam, chairman of the Commodity
Futures Trading Commission (CFT), said that an Illinois court had ruled that BTC and ETH were commodities under the Commodity Exchange Act. Behnam also mentioned that 70-80% of the
cryptocurrency market does not constitute securities. Earlier news, the Democrats of the U.S. Senate Agriculture, Nutrition and Forestry Committee/Republicans of the Senate Agriculture Committee and the U.S. Commodity Futures Trading Commission (CFTC) will hold a digital commodity regulation hearing at 10:00 tonight.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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