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Author Topic: [2016-1-20]CFTC Appoints Bitcoin Expert, First 2016 Meeting Will Have Blockchain  (Read 143 times)
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January 20, 2016, 04:12:17 AM

Every financial regulatory body around the world seems to be trying to wrap their heads around Bitcoin and its underlying blockchain technology these days, and the Commodity Futures Trading Commission (CFTC ) in the United States is not immune to this trend.

Simply defining bitcoin as an asset has proved to be a difficult task for many regulatory agencies around the world, as some claim it is a commodity while others view it as a currency . The CFTC ruled that bitcoin is a commodity in late 2015.

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