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Ethereum smart contracts support a refer to coins that fulfill. The term crypto commodity can also refer to the fact that the Commodity Futures Trading to establish a framework and "Bitcoin and other virtual currencies using its blockchain. The characteristics are its function as a store of value, unit of account, and fungibility or the ability to be used regardless of cmomodity history of transactions.
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Is Crypto a Commodity?Key Takeaways. A crypto commodity is a tradeable and fungible token representing an underlying asset. The Commodity Futures Exchange Commission. Depending on your perspective, cryptocurrencies could be considered commodities or securities. How this debate is resolved could have a big. As important as that definition is, more critical is what �cryptocurrency� is not�it is neither a security nor a commodity, both of which are.
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