senators, and the SEC and even american courts have no clue
US courts said bitcoin is a commodity.. again lets laugh
a commodity is a raw MATERIAL used to create other produce. EG oil=plastics/fuel.. beef=burgers/steak.. wheat=cereal/bread
bitcoin is actually an asset. not a commodity.
Actually, most politicians are not familiar with bitcoin or crypto currency. They may have heard of other acquaintances
but the deep sense of bitcoin of bitcoin or blockchain they may not really understand. And maybe this is also one of the
reasons why other countries do not want to enter the blockchain in the economy of the other nation.