WebJun 27, 2024 · Securities and Exchange Commission Chairman Gary Gensler today reaffirmed the SEC's view that Bitcoin is a commodity but refrained from extending the label to any other cryptocurrencies in an interview with CNBC.. Gensler singled out Bitcoin as an example of a crypto asset that should be regulated under the Commodity Futures … WebApr 8, 2024 · By design, Bitcoin is a scarce digital asset more similar to a commodity than to a stock or a security. From a legal standpoint, most jurisdictions consider Bitcoin as money and, depending on the context, treat it as a currency or a commodity, and almost never as a stock/security. How Bitcoin is treated legally depends mainly on the particular ...
SEC Chair Gensler Again Says Bitcoin Is Not a Security. What
WebSep 27, 2024 · It should, because Bitcoin, like all pure cryptocurrencies, is a commodity. A commodity represents one unit of a tangible asset such as pork, oil, or (yes) gold. … WebOct 1, 2024 · However, also the commodity market literature can learn from the analysis of Bitcoin: the consequences of a demand shock can be extraordinarily large. 6. … flags in canberra
What Is Bitcoin? The Discovery Of The First ‘Digital Commodity’
WebMar 24, 2024 · First, Bitcoin is a global digital commodity that knows no international borders. Second, we can consider the entire global economy as a single domestic … WebJun 28, 2024 · #Bitcoin is a commodity, which is essential for any treasury reserve asset. This allows politicians, agencies, governments, & institutions to support bitcoin as a technology & digital asset to ... WebNov 8, 2024 · Bitcoin is categorically a commodity. Whether other virtual currencies are to be considered commodities is to be determined. To date, the CFTC has made a declarative judgment that bitcoin and ether are … canon long zoom cameras