đđBitcoin should be valued like goldâ đđ
Cantor Fitzgerald CEO Howard Lutnick, who is on US presidential candidate Donald Trumpâs team, made remarkable comments about Bitcoin.
Lutnick stated that Bitcoin is similar to commodity assets such as gold and oil, and therefore argued that Bitcoin should be classified as a commodity. Appearing on Fox Business on September 27, Lutnick called on regulators to evaluate Bitcoin in the same category as gold.
Lutnick, who said âBitcoin is a commodity,â stated that Trumpâs joining his team was welcomed by the crypto community. Alex Grieve, Paradigmâs government relations manager, evaluated Lutnickâs participation as an important development for crypto and drew attention to the lack of information on regulation.
Lutnick believes that financial markets will undergo a radical change in 20 years and predicts that commodities and stocks will merge in the near future. He also emphasized that he found Bitcoin's status solid and that the cryptocurrency space should be more clearly regulated.
Lutnick's company also launched a Bitcoin lending program on July 27, announcing that the program will start with a $2 billion lending and grow over time.
My dear friends, please do not withhold your free support. I try to bring you news like this instantly. My only request from you is that if there is someone who has not yet followed me, I would be happy if they did. Do not forget to like my articles and posts. Thank you.
