US commodities chief thinks most cryptocurrencies are securities

Reported by: Scott Nover Bitcoin, the largest cryptocurrency by market capitalization, is widely considered a commodity. A federal court ruling in 2018 gave the CFTC regulatory authority by designating bitcoin as such.  But CFTC chairman Rostin Behnam and SEC chairman Gary Gensler agree that’s the exception rather than the rule. Despite grey areas including the cryptocurrency ether, […]