BitcoinCandy
Member
Like Bitcoin (BTC), Bitcoin Candy (CDY) is classified as a commodity, which means it is considered a tangible asset that can be bought and sold on the open market. This classification is important because it means that Bitcoin Candy is subject to different regulations than securities, which are financial instruments that represent ownership in a company or debt.
The U.S. Securities and Exchange Commission (SEC) has made it clear that it intends to regulate the crypto market, and many experts predict that this will lead to the "crushing" of many crypto tokens that are classified as securities. However, as a commodity, Bitcoin Candy is not subject to the same regulations as securities, which makes it a safer choose for those concerned about the potential impact of regulatory changes on their portfolio compared to tokens.
The U.S. Securities and Exchange Commission (SEC) has made it clear that it intends to regulate the crypto market, and many experts predict that this will lead to the "crushing" of many crypto tokens that are classified as securities. However, as a commodity, Bitcoin Candy is not subject to the same regulations as securities, which makes it a safer choose for those concerned about the potential impact of regulatory changes on their portfolio compared to tokens.