Xu Zijing: Different US regulatory authorities have different positioning of Bitcoin

On July 29, Martian Xu Zijing said on Weibo that different regulatory authorities in the United States do not have the same positioning of Bitcoin: CFTC tends to think that Bitcoin is a commodity, so CME has launched bitcoin futures trading; IRS tends to think Bitcoin is a security, so the tax on Bitcoin is a real hammer; FinCEN believes that Bitcoin is a currency, so for digital money service providers, a special anti-money laundering license is required. Despite the many controversies, Bitcoin's compliance path is a foregone conclusion.