Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
US CFTC Chairman: Under current law, many tokens constitute commodities

US CFTC Chairman: Under current law, many tokens constitute commodities

CointimeCointime2023/12/13 00:09
By:Cointime

Rostin Behnam, chairman of the US Commodity Futures Trading Commission (CFTC), admitted in an interview with CNBC that many tokens constitute commodities under current law. Behnam stated that we are trying to figure out how existing, decades-old laws adapt to this seemingly changing new technology, and ultimately need a new approach centered around policy and legislation. Under current law, many tokens constitute commodities. This direct statement provides much-needed clarity on the regulatory status of cryptocurrencies in the United States. Rostin Behnam also delved into the complex regulatory issues facing the cryptocurrency industry and emphasized the urgent need for legislative action. Behnam stated, I think members of Congress are trying to figure it out. Integrating new digital assets into traditional regulatory models is a challenge. Behnam also emphasized CFTC's commitment to stable markets in the interview.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Bitget Spot Bot adds PUMP/USDT

Bitget Announcement2025/07/15 08:00

New spot margin trading pair — PUMP/USDT!

Bitget Announcement2025/07/15 06:58