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CFTC reconfirms Ethereum as commodity

[CFTC reconfirms that digital currencies such as Ethereum are commodities] According to Golden Finance, the U.S. Commodity Futures Trading Commission (CFTC) reconfirmed in its complaint against Kucoin Exchange that digital currencies such as Bitcoin, Ethereum and Litecoin are commodities. . This statement means that regulators are working hard to bring digital assets such as Ethereum into their regulatory scope. The complaint alleges that Kucoin operated futures, swaps, leverage and financing transactions involving these digital assets. The market reacted optimistically to this, believing that it would help standardize the development of the digital currency industry.

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