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Report: U.S. regulators may treat bitcoin as a commodity

Posted on 14th March, 2014

In a report earlier this week by Reuters, Mark Wetjen, the acting chairman of the US Commodity Futures Trading Commission (CTFC), was quoted as saying that his department is “looking into” regulation of bitcoin and other virtual currencies. “It’s been initiated, there’s been an internal discussion at the staff level,” Wetjen said. The CFTC regulates […]