{"id":132843,"date":"2024-07-10T18:45:41","date_gmt":"2024-07-10T15:45:41","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=132843"},"modified":"2024-07-10T18:45:41","modified_gmt":"2024-07-10T15:45:41","slug":"up-to-80-of-cryptocurrencies-are-not-securities-says-cftc-chairman","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/up-to-80-of-cryptocurrencies-are-not-securities-says-cftc-chairman\/","title":{"rendered":"Up to 80% of Cryptocurrencies Are Not Securities, Says CFTC Chairman"},"content":{"rendered":"<p>He also <strong><a href=\"https:\/\/x.com\/EleanorTerrett\/status\/1811042341521703213?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1811042341521703213%7Ctwgr%5Ec3ec4ce56a0bd2c5f01d70fc9ec7d5a74663d1e6%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcryptodnes.bg%2Fbitcoin-ethereum-digitalni-stoki-a-ne-cenni-knija-spored-amerikanski-sud%2F\" target=\"_blank\">highlighted<\/a><\/strong> a recent Illinois court decision affirming <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong> and <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a><\/strong> as commodities under the Commodity Exchange Act, as reported by Fox News&#8217; Eleanor Terret.<\/p>\n<p><a href=\"https:\/\/cryptodnes.bg\/en\/up-to-80-of-cryptocurrencies-are-not-securities-says-cftc-chairman\/screenshot-2024-07-10-at-18-44-10\/\" rel=\"attachment wp-att-132844\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-132844 aligncenter\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/Screenshot-2024-07-10-at-18.44.10.png\" alt=\"\" width=\"1140\" height=\"242\" srcset=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/Screenshot-2024-07-10-at-18.44.10.png 1140w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/Screenshot-2024-07-10-at-18.44.10-300x64.png 300w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/Screenshot-2024-07-10-at-18.44.10-1024x217.png 1024w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/Screenshot-2024-07-10-at-18.44.10-768x163.png 768w\" sizes=\"auto, (max-width: 1140px) 100vw, 1140px\" \/><\/a><\/p>\n<p>In contrast, SEC Chairman Gary Gensler maintains that a majority of cryptocurrencies should be classified as securities.<\/p>\n<p>Senator Roger Marshall raised the issue of conflicting views between the SEC and CFTC on the regulatory classification of digital assets during discussions with the CFTC chairman.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/solana-overtook-ethereum-in-dex-volume-for-the-first-time\/\" title=\"Solana Dethrones Ethereum for the First Time\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/solana-sol-crypto-e1691584440118-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Solana Dethrones Ethereum for the First Time<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Marshall suggested consolidating oversight of all cryptocurrencies under the CFTC, expressing his support for such a move and believing the agency has the necessary expertise to regulate cryptocurrencies effectively.<\/p>\n<p>He acknowledged the need for adjustments to definitions within the regulatory framework to accommodate this change.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CFTC Chairman Rustin Benham stated that a significant majority, between 70-80%, of tokens in the cryptocurrency market are not classified as securities.<\/p>\n","protected":false},"author":3,"featured_media":97338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-132843","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Up to 80% of Cryptocurrencies Are Not Securities, Says CFTC Chairman<\/title>\n<meta name=\"description\" content=\"CFTC Chairman Rustin Benham stated that a significant majority, between 70-80%, of tokens in the 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