CFTC Lawsuit: Ex-Deutsche Banker’s Crypto Assets Deemed Commodities – A Game Changer?

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The Commodity Futures Trading Commission (CFTC) has claimed that virtual currencies like bitcoin are commodities in a recent lawsuit against a former Deutsche Bank officeholder. By classifying cryptocurrencies as commodities, the CFTC is asserting its authority over the burgeoning industry and signaling that digital currencies will be subject to increased regulator scrutiny in future. The […]