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RE: LeoThread 2023-03-27 16:45

in LeoFinance • 2 years ago

2/ Security or Commodity? The CFTC calls #BTC & #ETH "commodities," while the SEC claims they're securities. This fundamental disagreement highlights the confusion around regulation & classification of crypto assets.🤷‍♂️

2 years ago in LeoFinance by
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     2 years ago  

    I think it is a power play. By calling them cmmodities, the CFTC can provide oversight. This pushed the #sec to the side, which it doesnt like.

    Hence it has to call them all securtieis.

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