Bitcoin not a commodity or security declares Saylor as he hits back at regulators


Speaking on PBD Podcast on March 1, Michael Saylor claims that BTC should be defined as the world’s only actual scarcity rather than a commodity or security.

The Commodity Futures Trading Commission (CFTC) and the Securities Exchange Commission (SEC) have been at odds recently over who should have jurisdiction over cryptocurrency within the United States Each is arguing that crypto, and specifically Bitcoin, is either a commodity or security, with both vying for control of the $2 Trillion asset class.

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