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LogicallyMinded
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2024-07-10 18:39:45

LogicallyMinded on Nostr: CFTC Chair says 70%-80% of #crypto are not securities (meaning they would be treated ...

CFTC Chair says 70%-80% of #crypto are not securities (meaning they would be treated as commodities like #Bitcoin or #Ethereum). I would have expected a much lower percentage of crypto to be commodities under the definition introduced in #FIT21 (assuming the Chair used this definition for his assessment). I think the #altcoin summer is about to kick off.

https://watcher.guru/news/cftc-chair-says-70-80-of-cryptocurrencies-are-not-securities
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