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U.S. Federal Court Defines Cryptocurrencies as Commodities

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

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