When asked directly whether ETH is a commodity, Gensler didn’t respond with a yes or no, maintaining the uncertain position his agency has held on that asset. At the same hearing, when asked whether it’s a commodity, Commodity Futures Trading Commission (CFTC) chief Rostin Behnam responded, “Yes.”
Ripple’s Big Court Win Nonetheless Muddied Waters on Whether XRP Is a Security Deserving Tougher Regulation
In a near-vacuum of legal and regulatory clarity for crypto, district judges’ opinions on whether a given token is a...