SEC and CFTC classify Bitcoin, XRP, ETH, SOL and DOGE as digital commodities
- —In March 2026 the SEC and CFTC named BTC, ETH, XRP, SOL and DOGE digital commodities
- —Spot BTC transactions are not subject to full CFTC oversight — only futures and derivatives are
- —The Ripple ruling: programmatic XRP sales were not found to be unregistered securities
- —A permanent market framework depends on the CLARITY Act, which stalled in the Senate in September 2026
Why it matters: The clarification reduces legal uncertainty for BTC and XRP, but without a market structure law spot venues remain in a gray area.
Source: Coin Türk