Bitcoin has 'elements of all of the different asset classes,' CFTC chairman says

The ecosystem around bitcoin is still changing, but U.S. Commodity Futures Trading Commission Chairman J. Christopher Giancarlo said the popular cryptocurrency is part currency, part security and part digital coin. "Bitcoin and a lot of its other virtual currency counterparts really have elements of all of …
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Crypto Regulator CFTC Chairman Takes Funding Cuts “Incredibly Personally” (news.bitcoin.com)

The United States’ Commodity Futures Trading Commission (CFTC) has received a $ 1 million USD budget cut. The announcement has come following the CFTC Chairman, Christopher Giancarlo requested an increase in the regulator’s budget of 12 percent.
Also Read: 80,000 New Merchants in Europe Gain Option to Accept Crypto

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Starbucks Chairman Schultz Rambles About Bitcoin on Earnings Call

Howard Schultz dumped the equivalent of a double espresso into an otherwise humdrum Starbucks earnings call on Thursday. In response to an analyst question about tax law, the Starbucks executive chairman detoured into a stream-of-conscious monologue about Bitcoin and cryptocurrency. “Well …
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