"Bitcoin should be considered like gold"

Lutnick stated that Bitcoin is similar in structure to commodity assets such as gold and oil. The financial expert emphasized that due to this similarity, Bitcoin should be classified as a commodity.

Lutnick, who appeared on Fox Business on September 27, invited regulators to consider Bitcoin in the same category as gold.

"Bitcoin is a commodity"

The team of US presidential candidate Donald Trump announced that Cantor Fitzgerald CEO Howard Lutnick has joined the team. The announcement, made on August 16, received praise from the crypto community.

Paradigm's government relations officer Alex Grieve interpreted Lutnick's inclusion in Trump's team as an important step for crypto.

Lutnick, who gave an interview to Fox Business the other day, said the following;

**"Let's admit it, they really don't know how to regulate crypto and digital assets. They are not well-informed about this; they did not understand the importance of proper regulation."

Lutnick, who says 'Bitcoin is just a commodity', believes that the financial market will change fundamentally in 20 years. According to the financial expert, commodities and stocks will merge in the near future.

Lutnick, who stated that Bitcoin has established its status well, called for a clearer regulation of the cryptocurrency field.

Lutnick's company announced on July 27th that it has launched a BTC lending program. Lutnick stated that the service will start with a $2 billion lending and will grow day by day.

This article does not contain investment advice or recommendation. Every investment and trading transaction involves risk, and readers should conduct their own research when making decisions.