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A comment on US financial regulator: We could regulate Bitcoin “if we wanted”.

Re:US financial regulator: We could regulate Bitcoin “if we ... by protomyth on Tuesday May 07, 2013 @12:13PM (#5668883)
Is Bitcoin a currency or a commodity? Does its classification affect who get to do what with it?
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Re:US financial regulator: We could regulate Bitcoin “if we ... by iaw on Tuesday May 07, 2013 @01:55PM (#5669610)
It could be either but for ease of prosecution they'll probably dump it into the commodity category because (I believe) it gives them more regulatory leeway in their efforts.

I don't believe that the CFTC [1] regulates currency transactions but they definitely regulate commodities.

[1] http://www.cftc.gov/index.htm

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