Washington Isn’t Falling for the Crypto Industry’s Scam ...Middle East

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The Securities and Exchange Commission regulates securities and the exchanges on which they are traded. Many (if not nearly all) cryptocurrencies are securities and they are often traded on exchanges. Therefore, the SEC has the authority to regulate them. This is painfully obvious to everyone—except the cryptocurrency community, which has aggressively pretended otherwise for years.It therefore came as little surprise this week that the SEC announced charges against the two largest crypto exchanges, Coinbase and Binance, for violating federal securities laws. The SEC alleges that the two companies were operating unregistered securities exchanges and hawking unregistered securities. (Binance a

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