Cftc bitcoin regulation

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Cryptocurrency proponents frequently cite financial the event, which you can watch in its entirety here.

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CFTC Chair Rostin Behnam discusses potential crypto regulation following FTX collapse
In the United States, Bitcoin is a commodity, and commodity futures trading is required to take place on futures exchanges regulated and supervised by the CFTC. In contrast to the SEC, the CFTC has full regulatory authority over derivatives transactions (including swaps, futures, and options), and more. In , the CFTC came forward and defined Bitcoin and other virtual currencies as commodities under the U.S. Commodity Exchange Act (the CEA).