in the USA cryptocurrencies While it is still unclear by which institution it will be supervised and regulated. Rostin Behnam, Chairman of the Commodities and Futures Trading Commission (CFTC)New comments came from.
Speaking at an event hosted by Rutgers University in New York, CFTC President Rostin Behnam said: Ethereum (ETH) interpreted its legal status.
On whether ETH is a commodity or a security SEC chairman Gary Gensler Rostin Behnam stated that they would not agree with ETHHe argued that ‘s legal status will determine which institution has more power.
“I said Ethereum is a commodity, but I know SEC Chairman Gary Gensler thinks otherwise about ETH.
Because Gensler has no explanation that ETH is a commodity or a security.”
Rostin Behnam also mentioned that the mandate of the CFTC should be extended to include the cryptocurrency markets.
CFTC Chairman Rostin Behnam recently announced that the two largest cryptocurrencies Bitcoin (BTC) and reiterated his belief that Ethereum is a commodity.
However, SEC Chairman Gary Gensler said in a statement he made in the past months that ETH Merge with PoS He said that due to the transition to the system, ETH could be considered a security and could fall under the jurisdiction of the SEC.
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