BlockBeats news, on September 28th, Howard Lutnick, CEO of Cantor Fitzgerald, a financial services company in the United States, stated that the status of BTC as a commodity has been established and called for clearer regulation in the cryptocurrency field: ‘BTC is a commodity. It should be treated like gold and oil. It’s just a commodity.’ Lutnick believes that commodities and stocks will gradually merge in the long term, which may take 20 years. He emphasized his concern about regulatory agencies not understanding the importance of BTC and the broader digital asset industry: ‘To be frank, they don’t even know how to deal with cryptocurrencies and digital assets, they have no concept; they still don’t understand the importance of figuring out these issues.’ Previously, Lutnick announced the launch of a BTC loan program to provide leverage to investors with BTC. They will launch a ‘2 billion dollar loan’ through their ‘BTC financing business’.
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Punto de vista: BTC debería ser considerado como una mercancía al igual que el oro
BlockBeats news, on September 28th, Howard Lutnick, CEO of Cantor Fitzgerald, a financial services company in the United States, stated that the status of BTC as a commodity has been established and called for clearer regulation in the cryptocurrency field: ‘BTC is a commodity. It should be treated like gold and oil. It’s just a commodity.’ Lutnick believes that commodities and stocks will gradually merge in the long term, which may take 20 years. He emphasized his concern about regulatory agencies not understanding the importance of BTC and the broader digital asset industry: ‘To be frank, they don’t even know how to deal with cryptocurrencies and digital assets, they have no concept; they still don’t understand the importance of figuring out these issues.’ Previously, Lutnick announced the launch of a BTC loan program to provide leverage to investors with BTC. They will launch a ‘2 billion dollar loan’ through their ‘BTC financing business’.