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by seviu 1181 days ago
What I find fascinating is that CFTC claims Ethereum is a commodity.

Meanwhile SEC says Ethereum is a security. Specially after the move to PoS.

It doesn’t seem they can even agree with each other.

1 comments

Why not? Gold is both a commodity and a security (think gold ETFs).

This logic seems like wishful thinking that people can't get rekt by both the SEC and CFTC, they can.

But each of those is a separate thing. Gold the commodity is traded and regulated differently than a gold ETF. Just because they’re both related to the metal does not mean a single regulatory body has dominion over both.