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SEC Confirms Bitcoin Is A Commodity – Three Key Takeaways For Crypto Investors

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ValueWalk

The inevitable regulation of the cryptocurrency market is “a significant step closer” due to comments made on Monday by the U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, says Nigel Green, CEO of one of the world’s largest independent financial advisory organisations Speaking to CNBC’s Jim Cramer, Gensler said that Bitcoin is now to be labelled as a commodity. Q1 2022 hedge fund letters, conferences and more Bitcoin Is A CommodityNigel Green says: “The comments from Gary Gensler clears up years of debate. One of the world’s most influential regulators has now confirmed th…

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