A new bill classifying bitcoin as a digital commodity could be introduced today.
The bill seeks to expand on previous definitions in the bitcoin ecosystem while also excluding securities from being digital commodities.
Leaders of the Senate Agriculture Committee (SAC) are planning to introduce a bill that would classify bitcoin as a digital commodity, according to a report from the Wall Street Journal.
The category of digital commodity is fairly new.
This action would place exchanges in the same category as other securities trading platforms like the New York Stock Exchange.
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