SEC and CFTC Classify Bitcoin, Ether, Solana, Stellar, Tezos, XRP as Digital Commodities
The Commodity Futures Trading Commission's chairman has classified Bitcoin, Ether, Solana, Stellar, Tezos, and XRP as digital commodities, ending a period of debate within the industry.
Commodity Futures Trading Commission Chairman has named Bitcoin, Ether, Solana, Stellar, Tezos and XRP as digital commodities. For an industry that spent years arguing over what its biggest tokens actually are, the classification carries a long backstory. The classification places these as digital commodities.