Top 40 crypto coins6/30/2023 ![]() SEC Chair Gary Gensler told Bloomberg on Tuesday: “We don’t need more digital currency … we already have digital currency - it’s called the U.S. regulators are more clearly signaling that they seek to ensure cryptocurrency has no room in the traditional financial system.Īnd leading regulators are more open about their thoughts on the merits of cryptocurrency. ![]() Industry leaders say that, with their latest actions, U.S. ![]() The lawsuits are the latest in an ongoing tussle between government officials who describe the crypto industry as the “ Wild West,” and creators of digital assets who seek to legitimize cryptocurrency as a currency of the future. Most recently, the SEC asked a federal judge to freeze the assets of Binance’s U.S. Binance faces additional charges, along with its CEO, of diverting customer funds to a separate business, among other accusations. Securities and Exchange Commission filed lawsuits last week against the world’s biggest cryptocurrency exchanges, Binance and Coinbase, deepening tensions between the government and a volatile industry that has been marred by scandals and market meltdowns.īinance and Coinbase are both alleged to have violated the law by operating as securities exchanges without registering their businesses with the SEC. WASHINGTON (AP) - First came the crypto winter, then the alleged fraud wrought by FTX founder Sam Bankman-Fried, and now the lawsuits. ![]()
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