From the CFTC: > Bitcoin is considered a commodity and is the underlying asset i... | Hacker News

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ikmckenz on May 6, 2024 | parent | context | favorite | on: Robinhood Crypto Gets Wells Notice from US SEC

From the CFTC:

> Bitcoin is considered a commodity and is the underlying asset in bitcoin futures contracts… Bitcoin futures contracts — like other commodity futures contracts such as corn futures, market index futures, or gold futures — are regulated by the CFTC and must trade on CFTC-regulated exchanges.

https://www.cftc.gov/LearnAndProtect/AdvisoriesAndArticles/B...

jprete on May 8, 2024 [–]

Thanks for the reference. Between this, megadal's sibling-comment Wikipedia quote, and a quick search of "economic good", I believe I was mistaken.

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