Post
Topic
Board Altcoin Discussion
Re: Bitcoin declared a commodity, are ETH and other currencies to follow?
by
Invest-or
on 02/10/2018, 12:22:34 UTC
https://m.nasdaq.com/article/bitcoin-ruled-commodity-palladium-etf-shines-cm1030552

What do you think? is this the early stages of acceptance towards cryptocurrencies?

It is bad news for all. A commodity is not treated as currency in terms of taxes and easiness of trading, thus if this is confirmed we will be exposed to a higher taxation level.