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A comment on SEC Sues Binance and CEO Zhao for Breaking US Securities Rules. Parent comment

Re:SEC Sues Binance and CEO Zhao for Breaking US Securities ... by tornato7 on Monday June 05, 2023 @01:51PM (#36200147)
People buy commodities like Oil to make a profit, too. The question is, what cryptos are commodities and which are securities?
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Re:SEC Sues Binance and CEO Zhao for Breaking US Securities ... by steveBK123 on Monday June 05, 2023 @02:04PM (#36200376)
Is it a future / forward / swap / put / call / etc? Security.

Is it a barrel of oil / unit of BTC? Commodity/Currency.

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Re:SEC Sues Binance and CEO Zhao for Breaking US Securities ... by MikeDelta on Tuesday June 06, 2023 @02:13AM (#36208818)
Indeed. In general, security is a product. Commodity and currencies are asset classes.

BTC would fall under the crypto asset class. I don't think financial institutions see it a currency in terms of asset class.

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