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Oliver Linch, the CEO of Bittrex Global, has stated that the cryptocurrency exchange had no chance to discuss a potential enforcement action with the U.S. Securities and Exchange Commission (SEC). The SEC charg...ed Bittrex in April for operating as an unregistered exchange, broker, and clearing agency.

https://www.benzinga.com/markets/cryptocurrency/23/05/32134546/bittrex-global-ceo-calls-out-sec-says-there-was-precisely-zero-communication-with-departme?SNAPI
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The Department of Justice has instructed lawmakers with FTX-linked political donations to hand over the cash, and at least some Congressional campaigns have complied.

https://blockworks.co/news/doj-claws...-back-ftx-donationsShow more >

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Following the recent uproar in the crypto community over MetaMask's new tax clause in its terms of service, a recent update has been released to address a number of inaccuracies. Crypto portfolio tracking firm ...Accointing highlighted on Twitter that the MetaMask tax clause is only applicable to users who purchase products or services from the

https://coingape.com/?p=149151
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Crypto companies are being hamstrung by legislative inaction as much as an ill-advised policy of regulating by enforcement, BitGo CEO Mike Belshe said.

https://www.coindesk.com/consensus-magazine/2023/05.../22/us-can-get-crypto-regulations-right-if-they-act-now/Show more >

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Cryptocurrency prices nosedived Monday as the U.S. Securities and Exchange Commission (SEC) sued the crypto exchange and its chief executive for multiple federal securities law violations.

https://www.co...indesk.com/markets/2023/06/05/crypto-traders-suffer-320m-losses-in-liquidations-as-sec-lawsuit-against-binance-spurs-market-plunge/Show more >

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Economic Secretary to the Treasury Andrew Griffith reiterated the government's position that crypto should not be treated like gambling.

https://www.coindesk.com/policy/2023/06/13/uk-has-no-plans-for-cry...pto-tsar-proposed-by-some-lawmakers-minister-says/Show more >

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House Republicans are calling for the withdrawal of a proposed rule by the Securities and Exchange Commission (SEC), asserting that it would stifle the growth of the digital asset industry.

https://bitco...inworld.co.in/house-republicans-rally-against-sec-rule-calling-for-withdrawal-to-preserve-digital-asset-industry-growth/?SNAPIShow more >

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In recent developments, Abra, a prominent crypto lending firm, has come under scrutiny as Texas regulators accuse the company of securities fraud and claim it has been insolvent since March 31.

https://w...ww.cryptopolitan.com/texas-regulator-accuses-lending-firm-fraud/Show more >

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The U.S. Securities and Exchange Commission has turned its sights on non-fungible tokens (NFTs) in its latest round of crackdowns on the crypto industry.

https://cryptopotato.com/sec-targets-nfts-sending...-subpoenas-to-various-creators-and-firms/Show more >

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A budget was presented by the Finance Minister that was not only progressive but also revolutionary. It highlights the focus of India on digital transformation and the promotion of blockchain […]

https:/.../www.cryptopolitan.com/will-indias-crypto-tax-help-or-hurt-cryptocurrency-adoption/Show more >

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A group of congressmen are appealing to the US Securities and Exchange Commission (SEC) to be more accommodative to the crypto industry, criticizing the agency's current stance on the space. Writing to SEC Chai...r Gary Gensler, Tom Emmer of Minnesota, Darren Soto of Florida, Warren Davidson of Ohio, Jake Auchincloss of Massachusetts, Byron Donalds of […] The post US Lawmakers Call Out SEC For Putting Unnecessary Burden On Crypto, Stifling Innovation appeared first on Coin Bureau.

https://www.coinbureau.com/news/us-lawmakers-call-out-sec-for-putting-unnecessary-burden-on-crypto-stifling-innovation/
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Chicago-based fintech startup FinTank aims to launch a national self-regulatory organization, or SRO, in the United States.

Here's more by Benjamin Pirus of Cointelegraph: https://lnkd.in/eX4aV4Q

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