SEC Chairman Categorize Bitcoin As a Commodity ! Here’s Why

Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), claims that Bitcoin is a commodity.  He emphasized that financial regulators, the CFTC, and the SEC would collaborate to oversee the cryptocurrency market. In an interview with Jim Cramer for CNBC’s Squawk Box, Gensler maintained his belief that many cryptocurrencies are securities and …