Bitcoin is now a "commodity" according to the CRTC

Discussion in 'Community Chat' started by jack, Sep 19, 2015.

  1. jack

    jack Administrator Staff Member

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    http://www.cftc.gov/PressRoom/PressReleases/pr7231-15

    This ruling sets Bitcoin derivatives up to be regulated by the CRTC in the US (or, rather, companies operating within the US who offer bitcoin derivatives would then fall under CRTC regulations..)

    A first step toward a more active and regulated Bitcoin? Or just bureaucrats justifying their existence as usual?
     
  2. sqa

    sqa Village Scribe

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    I'm going with both. If it exists, they have to find a way to tax it. That's really what it's about.
     

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