WebDec 8, 2024 · Most governments now recognize Bitcoin and other cryptocurrencies as commodities. Crypto has become a new, modern group of commodities, along with … 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 …
Community reacts after SEC’s Gensler affirms BTC’s commodity …
WebCommodities are old fashioned things like Gold, Wheat, Corn, Sugar, Oil, things that existed for millions of years hence its Old. Bitcoin is a new technological invention, is it right to class bitcoin as a old commodity? Just doesn't sound right. Its like putting Bitcoin into a … Web2 days ago · Bitcoin touches $30,000 for the first time since June 2024 Cryptocurrencies Mads Eberhardt Cryptocurrency Analyst Summary: The crypto market has been on a rally this year, as Bitcoin trades at $30,000 for the first time since June 2024, up … inc lillias lace-up sandals
Is Bitcoin a Commodity or a Stock? - bitcoinmarketjournal.com
WebBitcoin is an asset you hold as a hedge who’s value is equivalent to what the next guy is willing to pay for. Under the dictionary definition of currency, basically anything can be a … 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 … 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 … inc life