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CFTC Chairman Confirms That Just Like Bitcoin, Ethereum Is Also a Commodity

According to the latest report from Yahoo Finance, the chairman of the United States Commodities and Futures Trading Commission called Ethereum (ETH) a commodity.Speaking at the Yahoo Finance Summit, CFTC chairperson Heath Tarbet said that the ETH token falls under the regulatory oversight of CFTC. He further added that in the near future, one cannot rule out the possibility of having Ethereum futures in the market. Tarbet said:“We’ve been very clear on bitcoin: bitcoin is a commodity. We...

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