Another piece of news on the regulation of crypto and Bitcoin in the US
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Despite the fact that the US Congress is stubbornly unwilling to pass a bill on crypto and Bitcoin regulation, there are a flurry of political proposals to that effect. After the proposal to regulate DeFi, now comes another one that would like to force crypto exchanges to register with the SEC. The SEC’s role in crypto and Bitcoin regulation The Securities and Exchange Commission (SEC) is the US agency that is responsible for the securities markets, and therefore also for the exchanges on which they are allowed to be traded. However, the recent New York court ruling stated that cryptocurrencies
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that a lot of crypto tokens will fail and lots of crypto buyers will get damage following the collapse of... [[ This is a content summary only. Visit my website for full links, other content, and…