Bitcoin should be treated as a commodity, like gold: Cantor Fitzgerald CEO
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil.
On Sept. 27, Howard Lutnick, the CEO of financial Cantor Fitzgerald, appeared on Fox Business and urged regulators to classify Bitcoin as a commodity, similar to gold and oil.
In the “Mornings with Maria” interview, Lutnick stated that Bitcoin’s (BTC) status as a commodity is well-established and called for clearer regulation of the cryptocurrency space.
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Author: Josh O'Sullivan
