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22 October 2019

US CFTC Chairman Says Ether Is a Commodity, ETH Futures Coming Next

US CFTC Chairman Says Ether Is a Commodity, ETH Futures Coming Next


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US CFTC Chairman Says Ether Is a Commodity, ETH Futures Coming Next.

Chairman of the United States Commodity Futures Trading Commission’s (CFTC) believes that Ether (ETH) is a commodity, with ETH futures trading a coming reality.

While the CFTC has been very clear that Bitcoin is a commodity, this is reportedly the first time that the authority has provided a vision for Ether, the second-biggest cryptocurrency by market cap.

We haven't said anything about ether—until now [...] It is my view as chairman of the CFTC that ether is a commodity.”.

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cointelegraph.com
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