The Securities and Exchange Commission sued Kraken, one of the largest cryptocurrency exchanges, on Monday, alleging it had illegally operated without registering as a securities exchange—marking the latest step in the SEC’s push to regulate cryptocurrency.
Tag: cryptocurrency regulation
SEC Cracking Down on Crypto Firms
The SEC is just getting started with its crackdown on crypto firms that refuse to abide by its rules.
Crypto Industry Should Face Tougher Regulations, Fed Vice Chairwoman Says
U.S. policy makers should extend investor protections and other financial rules to the cryptocurrency industry before the industry grows too large and begins to pose risks to the financial system, Federal Reserve Vice Chairwoman Lael Brainard said Friday. While touted as a fundamental break from traditional finance, the crypto financial system turns out to be… Continue reading Crypto Industry Should Face Tougher Regulations, Fed Vice Chairwoman Says