đ Fresh news from the crypto world! đ
- Howard Lutnick, CEO of Cantor Fitzgerald, appeared on Fox Business and called on regulators to classify Bitcoin (BTC) as a commodity, similar to gold and oil.
- Lutnick highlighted the need for clearer regulation in the crypto space, stating that "Bitcoin is a commodity. It should be treated like gold and oil."
- Cantor Fitzgerald launched a $2 billion BTC lending program to offer leverage to Bitcoin owners.
- Lutnick will also co-lead Trump's transition team if he wins the November election.
What do you think about BTC being classified as a commodity? Leave us your comment! đŹ