Uniswap lawsuit judge calls Ether a commodity in dismissal order

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Uniswap lawsuit judge calls Ether a commodity in dismissal order
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In a dismissal order of a class suit against Uniswap a U.S. judge said Ether and Bitcoin are “crypto commodities.”

and other cryptocurrencies as commodities — per a suit it filed against Binance in March for alleged Commodities Exchange Act violations.However, U.S. lawmakers are yet to decide how the SEC or CFTC will be handed authority over crypto.

which vary in how to divvy authority between the two regulators.for categorizing cryptocurrencies into either securities or commodities.crypto spot exchanges registered and regulated under the CFTC.to prove adequate decentralization before being given commodity status.

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