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Re:US SEC sues Coinbase, one day after suing Binance by mrkramer on Tuesday June 06, 2023 @10:58AM (#36213832)
Bitcoin is a commodity [0] under the US Commodity Exchange Act (CEA) and it is regulated by the US Commodity Futures Trading Commission (CFTC).

[0] https://www.cftc.gov/sites/default/files/2019-12/oceo_bitcoi...

Re:US SEC sues Coinbase, one day after suing Binance by sjtgraham on Tuesday June 06, 2023 @12:06PM (#36214887)
That could change in a second if another agency like the SEC decides it's something else. There is nothing to say that two agencies couldn't hold conflicting positions over what BTC is or isn't.
Re:US SEC sues Coinbase, one day after suing Binance by arcticbull on Tuesday June 06, 2023 @12:44PM (#36215559)
Someone holds an opinion that this is the case, it has not been resolved as a matter of law yet. It could be, in my opinion, a commodity.
Re:US SEC sues Coinbase, one day after suing Binance by tiahura on Tuesday June 06, 2023 @12:55PM (#36215733)
EPA v. West Virginia

"The agency instead must point to 'clear congressional authorization' for the power it claims."