Bitcoin classified as commodity

LONDON (Reuters) - So bitcoin's a currency, right? Well, yes, it can be used to buy, sell and price goods much like dollars and euros. A commodity? Come to think of it, it does behave a lot like Legal Implications Surrounding Bitcoin - Legal Solutions Blog Jun 22, 2017 · Because the Code affords different protections to assets classified as a currency and assets classified as a commodity, the determination of whether bitcoin is a currency or a commodity will dictate bitcoins’ treatment in bankruptcy. If bitcoins were classified as currency, bitcoin transactions would receive greater protections, including Is it a currency? A commodity? Bitcoin has an identity ... BY TOM WILSON So bitcoin's a currency, right? Well, yes, it can be used to buy, sell and price goods much like dollars and euros. A commodity? Come to

r/Bitcoin: A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money …

Is it a currency? A commodity? Bitcoin has an identity ... LONDON (Reuters) - So bitcoin's a currency, right? Well, yes, it can be used to buy, sell and price goods much like dollars and euros. A commodity? Come to think of it, it does behave a lot like oil and gold - it can be bought and sold in cash markets or via derivatives such as futures. What about a security? Many cryptocurrencies are, in a way. CFTC Defines Bitcoin and Digital Currencies as Commodities The CFTC has confirmed that bitcoin and other digital currencies are commodities covered by the Commodity Exchange Act (CEA). CFTC Defines Bitcoin … What Do You Think Bitcoin Is: Commodity, Currency ...

14 Jan 2020 Bitcoin (BTC) and ether (ETH), on the other hand, are commodities and not securities, according to Tarbert, who reiterated his views in Monday's 

10 okt 2019 De voorzitter van de Amerikaanse Commodity Futures Trading Commission plaatst Ether (ETH) in het zelfde rijtje als goud, olie en bitcoin! Bitcoin now classed as a commodity in the US - CNBC Sep 18, 2015 · Bitcoin will now be classed as a commodity in the U.S. along with gold and oil, according to the Commodity Futures Trading Commission (CFTC), which has started to clamp down on unregistered firms Bitcoin Is Officially a Commodity, According to U.S ...