CFTC Chairman Says Crypto is ‘Here to Stay’, Federal Court Declares Virtual Currencies are Commodities178.17

In an interview with CNBC’s Fast Money on Monday, Commodity Futures Trading Commission (CFTC) Chair J. Christopher Giancarlo discussed cryptocurrencies, saying he thought they were here for the long haul.

Giancarlo said during the interview that he thought the countries who could use cryptocurrencies the most were those facing a crisis of faith in their own currency:

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