Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. Photo: Reuters
Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. Photo: Reuters

Hong Kong throws open the doors to cryptocurrency even as debate rages on whether it’s a security or commodity

  • The chairman of the US Commodity Futures Trading Commission (CFTC) Rostin Behnam called the ether token a commodity during a congressional hearing
  • The US Securities and Exchange Commission (SEC) Chairman Gary Gensler argued that every cryptocurrency other than bitcoin falls under securities laws

Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. Photo: Reuters
Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. Photo: Reuters
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