ETH Classified as Commodity in CFTC’s Kucoin Lawsuit
This development is significant as it underscores the CFTC’s stance on digital assets. Under the Commodity Exchange Act, major cryptos ($BTC, $ETH, $LTC) and stablecoins ($USDC, $USDT) are classified as commodities in U.S. commerce. Let’s discover more about this news for Kucoin. Major Cryptos Recognized as Commodities The CFTC’s stance is very important for several...