A US court has formally dismissed an attempt to stop the country’s commodities regulator prosecuting an alleged cryptocurrency fraudster, ruling that such assets are commodities. CFTC Can Legislate With Crypto In a press release October 3, Senior Judge Rya W. Zobel of the U.S. District Court for the District of Massachusetts ruled in favor of the Commodity Futures Trading Commission (CFTC) in a case involving now-defunct cryptocurrency My Big Coin. Part of an ongoing legalRead MoreThe post U.S. Court Cements Commodity Verdict On Cryptocurrency After Landmark Ruling appeared first on Bitcoinist.com. For Further Information Click on Below Button