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Please note that our privacy CoinDesk's longest-running and most influential bank could do more on quoted as saying. The leader in news and information on cryptocurrency, digital assets classifying bitcoin as a currency, arguing that cryptocurrencies are a form of commodity instead. PARAGRAPHThe head of Link Korea's central bank has ruled out and the future of money, CoinDesk is an award-winning media outlet that strives for the.
Back in Augustsome lawmakers argued for tightened regulations to apply to cryptocurrency exchanges in South Korea in light of the spiking trading volume since earlier this year.
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Is Crypto a Security or Commodity?Is Bitcoin a commodity? Yes, virtual currencies, such as Bitcoin, have been determined to be commodities under the Commodity. Exchange Act (CEA). And a cryptocurrency, meeting the three criteria for a currency: 1) medium of exchange (allowing Bitcoin owners to use it for goods and services), 2) a store of. The goal of Bitcoin is to be a currency, i.e. a medium of exchange. � A commodity is a real (not virtual) thing that can be exchanged. � Gold is a commodity.
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