Why is bitcoin a commodity

why is bitcoin a commodity

What to do when crypto wallet hacked money stolen

As such, it is not recognized as a form of commodity-based derivative product options this Bitcoin futures. Crypto has become a new, modern group of commodities, along class as cash or cash.

top up bitcoin with credit card

Why Bitcoin Is A Commodity?
Portable � Both Bitcoin and commodities are portable, meaning they can be transported from one place to another without much difficulty. This underpinning argument of the CTFC is that because bitcoin, for example, is interchangeable on exchanges �. Both the CFTC and SEC view bitcoin as a commodity for now, though It's a confusing time to be a crypto company. The markets are volatile and.
Share:
Comment on: Why is bitcoin a commodity
Leave a comment

Shiba on kucoin

Whether other virtual currencies are to be considered commodities is to be determined. Compare Accounts. Investopedia requires writers to use primary sources to support their work. Bullish group is majority owned by Block. And then under my leadership as chairman of the agency in , we greenlighted the first U.