Derivabit news and trends

It’s Official – Bitcoin Is A Commodity

September 21, 2015
Quick Reads
It’s Official – Bitcoin Is A Commodity

September 21, 2015
The U.S. Commodity Futures Trading Commission (CFTC) just added a lot more weight to bitcoin by taking action to declare it as a “commodity,” much like gold and silver. In an announcement, CFTC declared all cryptocurrencies as a commodity, which gives the agency the right to monitor and regulate business operations using virtual currencies for […]