Howard Lutnick, CEO of Cantor Fitzgerald, argued on Fox Business that Bitcoin should be classified as a commodity like gold and oil. Lutnick said that Bitcoin’s commodity status is well-known and that clearer regulation is needed in the crypto space. Cantor Fitzgerald launched a $2 billion BTC lending program in July that offers leverage to Bitcoin holders. Lutnick also announced that he would lead Donald Trump’s transition team if he wins the election. What do you think of these developments? Share your thoughts in the comments.