The U.S. CFTC reiterates that Ethereum is a commodity in the lawsuit against Kucoin

ChainCatcher news, according to The Block, the Commodity Futures Trading Commission (CFTC) has once again asserted that Ethereum and several other cryptocurrencies are commodities, as the regulator is embroiled in a tug-of-war over regulatory authority over the vast digital asset industry.

The CFTC's assertion marks the latest attempt by the regulator to publicly classify native tokens of blockchain as commodities within its regulatory scope.