The US Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of Bitcoin, Ethereum, and Litecoin as commodities.
The US Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of Bitcoin, Ethereum, and Litecoin as commodities.
Typical US bullshit. The CFTC and SEC in a pissing contests. It is why hedge funds are offshore. What is legal according to the SEC is illegal with the CFTC and vice versa.
Funny how they do things their way.
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