17 September 2015
The CFTC officially declares Bitcoin as a commodity
The U.S. Commodity Futures Trading Commission (CFTC) officially declared Bitcoin as a commodity on September 17, 2015. This classification meant that Bitcoin and other cryptocurrencies would be regulated under the same rules as other commodities, such as gold or oil, under the Commodity Exchange Act (CEA). Prior to this, in late 2014, the CFTC had already begun discussing Bitcoin’s status as a commodity in the context of derivatives regulation.