Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (CFTC), asked Congress to pass legislation to address regulators' jurisdiction over the cryptocurrency industry during the House Agriculture Committee's annual meeting. Rostin Behnam said the idea that cryptocurrencies are disappearing is a false narrative, especially when it comes to Bitcoin, because it is clearly a commodity. (CoinDesk) #opbnb
CFTC Chairman: Bitcoin is a commodity, and the U.S. Congress needs to legislate to address crypto jurisdiction issues
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