The start of trading was a historic move. Unlike traditional commodities, bitcoins aren't physical assets. And unlike traditional currencies, there isn't a central bank that backs bitcoin.

Attorney Jared Marx discusses a recent ruling by the United States Commodities Futures Trading Commission, which saw it label bitcoin as a commodity. Updated Mar 6, 2023, 3:10 p.m. Published Sep ...

Bitcoin "is a commodity unlike any the commission has dealt with in the past," CFTC chairman J. Christopher Giancarlo said in a statement December 1. There's more to come.

Bitcoin is now officially a commodity according to U.S. regulators, Bloomberg Businessreports.The Commodity Futures Trading Commission (CFTC) announced on Thursday that it had filed and settled ...

Key Takeaways Shorting Bitcoin is now restricted owing to strict regulations and limited platform support.Platforms like ...

A Bitcoin ETF based on futures prices at the CME will also not present a regulatory problem because the Commodity Futures Trading Corporation (CFTC) oversees CME.

Trading forex using Bitcoin starts with a deposit to the broker’s wallet. In this case, Bitcoin is treated like a commodity with a specific denomination. For example, imagine if a forex broker ...

Bitcoin futures trading can go ahead on three US exchanges, the Commodity Futures Trading Commission said on Friday.; Futures contracts give traders a way to bet on bitcoin prices and earn profits ...

Bitcoin is a Commodity and Can Be Regulated, Says U.S. Commodities Authority. Published Sep 18, 2015 at 11:24 AM EDT Updated May 14, 2017 at 12:16 PM EDT. By .

The IRS thinks bitcoin is property; a federal judge thinks it’s a currency; now the Commodity Futures Trading Commission has decreed it a commodity.

Bitcoin remains the poster ... Spot innovation will bring rise to the value of Bitcoin, as the trading volume expands and more people ... Bitcoin will follow its qualities and commodities, ...

By Aswath Damodaran :As I have noted with my earlier posts on crypto currencies , in general, and bitcoin, in particular, I find myself disagreeing. The Bitcoin Boom: Asset, Currency, Commodity Or ...