FOX reporter: The chairman of the U.S. CFTC stated that 70-80% of cryptocurrencies do not constitute securities

2024-07-10 22:39:52

Collection

ChainCatcher news, FOX Business reporter Eleanor Terrett followed up on the progress of the digital commodities regulatory hearing held tonight on social media.

At the hearing, the Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, stated that 70-80% of the cryptocurrency market does not constitute securities.

Previous news, CFTC Chairman Rostin Behnam stated that the Illinois court confirmed that BTC and ETH are digital commodities as defined by the Commodity Exchange Act.

(Source Link)

Related tags

U.S. CFTC securities

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.