Federal Judge Rules that Virtual Currencies Are to Be Viewed Legally as Commodities

A federal judge stated yesterday that digital currencies should be viewed in a legal capacity as commodities. This will continue to give the U.S.’s CFTC the right to police accusations of fraud in the cryptocurrency space.
Bitcoin’s Futures Contracts Make All Virtual Currencies Commodities in the US
The decision was made on Wednesday in a fraud case levied at My Big Coin Pay Inc.
The Commodity Futures Trading Commission (CFTC) sued technology entrepreneur Randall Crater for his invol