U.S. CFTC Chief Behnam Reinforces View of Ether as Commodity

In the high-stakes CFTC action against Binance, the CFTC says several tokens – bitcoin, ether, litecoin and the stablecoins tether and BUSD – are commodities that Binance was illegally trading. A lawmaker on the House Appropriations Committee asked him during a budget hearing Tuesday whether he believes ether (ETH) should be on that list.


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