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Vulcanized Crawler

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Sunday, 12/10/2023 10:38:45 PM

Sunday, December 10, 2023 10:38:45 PM

Post# of 38068
A US Congressional Bill HR 8950 is set for vote January 2024 that will cement cryptocurrencies as commodities and not securities.







All crypto on the blockchain will be regulated as a commodity by the CFTC - this will be signed into US law in early a January when the H.R.8950 - Digital Commodities Consumer Protection Act of 2022 - goes for final vote and presidential signature.



The SEC will get jurisdiction on Securities backed by crypto assets like the Spot ETFs.






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