Breaking news: The head of the US Commodity Futures Trading Commission (CFTC) says that an Illinois court has ruled that Bitcoin and Ethereum are commodities.
An Illinois court has classified Bitcoin and Ethereum as commodities, not securities. This benefits crypto, as commodities are subject to simpler rules and regulations and less oversight than securities. As a result, this ruling can increase trust and more use of these digital currencies#BTC☀ #ETHETFsApproved