Fed Chairman Jerome Powell Speaking before the US House Finance Committee CFTC Chairman Rostin Behnam also spoke before the Senate Agriculture Committee.
Behnam said in his speech that 70-80% of tokens in the crypto market are not securities.
The CFTC Chairman also ruled that the US Illinois Court Bitcoin ve Ethereum’He said that he certified that the stock was a commodity under the Commodity Exchange Act.
“Illinois court has confirmed that Bitcoin and Ethereum are commodities.”
🚨CFTC Chairman Behnam says an Illinois court confirmed that $BTC and $ETH are digital commodities under the Commodity Exchange Act.
— Eleanor Terrett (@EleanorTerrett) July 10, 2024
SEC Chairman Gary Gensler He thinks that the vast majority of cryptocurrencies are securities.
UPDATE-18:24
Senator Roger Marshall The CFTC chairman was asked to understand which digital assets are securities and which are commodities. SEC ve CFTC stating that there was a war between “Wouldn’t it be easier to leave all cryptocurrencies under the jurisdiction of the CFTC?” asked.
Behnam answered this question as follows:
“I speak for myself, but I would be happy to do that. I think we have the necessary expertise and capacity in cryptocurrencies.
“Under this regime, there needs to be some definitional changes in what is a security and what is a commodity.”
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/cftc-baskani-bitcoin-btc-ve-ethereum-eth-hakkinda-konustu/