SEC's Binance, Bitcoin, Coinbase Suits Create Uncertain Future for Listed Tokens
The U.S. Securities and Exchange Commission’s lawsuits against cryptocurrency exchanges Binance and Coinbase follow a year of price volatility and the collapse of several other crypto companies, including fraud charges against one of the largest crypto exchanges, FTX. Aaron Klein explains the SEC’s move, the current state of U.S. cryptocurrency regulation, and the continuing debate over crypto’s core financial purpose.
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