BTC is a commodity in law according to the chairman of the CFTC

[HAL1000]

This at the time of posting is still a live stream, but he does say it, in answer to Senator Marshal

The CFTC chair also describes ETH as a commodity!

Listening to this, it's like a backlash and end run around the SEC

Edited February 9, 2022 by HAL1000

[thinlyspread]

Yeah I think the three major themes of this sh*tshow have been the following:

 --> Bribery & corruption relating to #ETHgate (Lubin, Consenys, Hinman-Thatcher, Clayton, etc) 
 --> SEC protectingJP Morgan (JPM Coin & buying Quorum, threat from Ripplenet, etc)
 --> Turf war between the SEC and the CFTC (again, money and politics/power) over crypto-assets

Edited February 9, 2022 by thinlyspread