Cryptos ruled as commodities in the U.S.

Cryptos ruled as commodities in the U.S.

A U.S. judge has ruled cryptocurrencies as commodities and shall be regulated by the Commodity Futures Trading Commission (CFTC). Two individuals and a Las-Vegas-based company called My Big Coin Pay was charged by the CFTC. The company lured the investors by granting currencies like Bitcoins which were claimed to be backed by gold.

Leave a Reply

Your email address will not be published. Required fields are marked *