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CFTC Chair Says Ether Cryptocurrency is a Commodity; Ether Futures Coming Soon  

Tarbert says Ether is a commodity and not a security
CFTC Chair wants the US to play a leading role in crypto technology
He suggests Ether futures could come soon

The CFTC Chairman has said he believes Ether (ETH) is a commodity that falls under the agency’s jurisdiction. The chair also expects Ether futures trading on the United States’ market soon.

Playing a Leading Role

The new Commodity Futures Trading Commission (CFTC) chairman Heath Tarbert,  was speaking during the Yahoo! Finance All Markets Summit Thursday, October 10, 2019, where he said the world’s second-largest cryptocurrency by market capitalization, is not a security but a commodity.

Tarbert, who assumed office last July reiterated the importance of the U.S. playing a leading role in the digital asset world,…

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