U.S. Federal Court Defines Cryptocurrencies as Commodities

Although the U.S.’s cryptocurrency definitions regulations are entirely unclear, policymakers are gaining greater clarity as they continue to resolve more cryptocurrency-related cases. According to the CFTC’s Press release published on October 3, 2018, the US District Judge Rya W Zobel gave the CFTC authority to prosecute My Big Coin Pay, the parent company of MyBigCoin.com, a cryptocurrency payment platform, for…Read More. The post by Cindy Huynh appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News