Bitcoin is now a "commodity" according to the CRTC

jack

jack

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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?
 
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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