The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission have jointly issued a statement classifying six cryptocurrencies as digital commodities: Bitcoin, Ether, Solana, Stellar, Tezos, and XRP. According to the statement, the joint classification is intended to simplify the regulatory framework around these assets. The announcement also said the move could help support innovation in the crypto sector while contributing to market stability. The item was cited by Techub News, with Crypto Briefing referenced as the source in the brief.
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have jointly issued a statement classifying six cryptocurrencies as digital commodities: Bitcoin, Ether, Solana, Stellar, Tezos, and XRP.
According to the statement, the joint classification is meant to simplify regulation and could help promote innovation in the crypto sector as well as market stability. Techub News cited Crypto Briefing in the brief.
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