this precedent seems to go far beyond that. apparently, anything that can be categorized broadly as a "virtual currency" is now subject to CFTC oversight.
U.S. District Judge Rya Zobel in Boston said on Wednesday that My Big Coin did meet the Commodity Exchange Act’s definition of a commodity, because the law defines commodities in broad categories rather than specific types or brands.
Since both My Big Coin and bitcoin can both be broadly categorized as virtual currencies, and bitcoin futures currently trade on U.S. exchanges, by extension the CFTC has oversight of other virtual currencies including My Big Coin, Zobel found.
i'd be curious to see whether this conclusion survives on appeal......