coinpedia
2023-12-13 13:25:39

CFTC Chair Giancarlo labels most cryptocurrencies as commodities!

The post CFTC Chair Giancarlo labels most cryptocurrencies as commodities! appeared first on Coinpedia Fintech News U.S. CFTC Chairman Christopher Giancarlo has declared that most cryptocurrencies fall under the category of commodities under existing laws. In a recent speech, Giancarlo acknowledged the ongoing regulatory conflict between various bodies regarding the cryptocurrency industry, describing it as a “turf war.” This statement suggests that some initial coin offerings (ICOs) may be subject to …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.