U.S. agency asks judge to rule virtual currency is commodity
https://www.reuters.com/article/us-usa-cryptocurrency-mybigcoin/u-s-agency-asks-judge-to-rule-virtual-currency-is-commodity-idUSKBN1JA37B
The U.S. Commodity Futures Trading Commission on Thursday urged a federal judge to conclude that an obscure virtual currency called My Big Coin is a commodity subject to its oversight, saying it is no different than precious metals like gold.