While the scandals in the cryptocurrency industry seem to never end, Washington policymakers appear to have little interest in pushing through legislation to codify the structure of the industry. The latest shoe to drop is Binance’s multibillion dollar settlement with U.S. authorities this week. Efforts in Congress to come up with legislation have gone nowhere, especially in this chaotic year that has been dominated by geopolitical tensions, inflation and the upcoming 2024 election. Meanwhile, law enforcement officials and regulators have stepped in, winning the conviction of Sam Bankman-Fried and suing smaller crypto companies for violating securities laws.
Largest Crypto Exchange Fined $4 Billion; CEO Pleads Guilty to Allowing Money Laundering chosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chosun.com Daily Mail and Mail on Sunday newspapers.
WASHINGTON (AP) While the scandals in the cryptocurrency industry seem to never end, Washington policymakers appear to have little interest in pushing through legislation to codify the structure of the industry. The latest shoe to drop is Binance’s multibillion dollar settlement with U.S. authorities and the resignation of its CEO this week. Before that […]
Janet Yellen said plainly Tuesday that there is no need for new cryptocurrency rules at a news conference announcing the $4 billion settlement with Binance
Regulators and law enforcement crack down on crypto s bad actors Congress has yet to take action - The Daily Reporter greenfieldreporter.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from greenfieldreporter.com Daily Mail and Mail on Sunday newspapers.