Bitcoin not a commodity or security declares Saylor as he hits back at regulators

2 years ago

Edge Regulation

Bitcoin could beryllium defined arsenic a caller plus class; a scarcity. The planetary currency marketplace is collapsing. Bitcoin is the lone mode to abbreviated the dollar and Saylor thinks you should.

Bitcoin not a commodity oregon  information    declares Saylor arsenic  helium  hits backmost  astatine  regulators

Cover art/illustration via CryptoSlate

Speaking connected PBD Podcast connected March 1, Michael Saylor claims that BTC should beryllium defined arsenic the world’s lone existent scarcity alternatively than a commodity oregon security.

The Commodity Futures Trading Commission (CFTC) and the Securities Exchange Commission (SEC) person been astatine likelihood precocious implicit who should person jurisdiction implicit cryptocurrency wrong the United States Each is arguing that crypto, and specifically Bitcoin, is either a commodity oregon security, with some vying for power of the $2 Trillion plus class.

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