2018-9-17 00:30 |
Bitcoin means an ambitious categorisation effort by regular financial companies resulting in some viewing this alluring new asset class as much as a hybrid of a currency as it is an investment. Bitcoin has been declared as a commodity by the Commodities Future Trading Commission (CFTC).
Bitcoin has also been classed to be a too property by the Internal Revenue Service (IRS). The Securities and Exchange Commission (SEC) sees over the market for Bitcoin as if it was a security however, Bitcoin is mainly used as a currency.
Continue reading An Alluring New Asset Class For Bitcoin at Crypto Daily™.
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