CFTC Does Not Agree With SEC On Ether As A Security Option

SEC chairman Gary Gensler has declared that Ether is security, especially after switching to a Proof-of-Stake mechanism. However, CFTC chairman Rostin Behnam does not agree with him. 

According to him, Ether should be considered a commodity. He also thinks that stablecoins should be used as a commodity too. This is in the face of the SEC in the current context of the debate of who is taking over the cryptocurrency regulations.