‘Massive wake-up call’: Crypto faces growing legal crackdown

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Over the past month alone, the Securities and Exchange Commission, the Commodity Futures Trading Commission and the Treasury Department announced more than $120 million in penalties aimed at digital currency exchanges and other service providers that officials said weren’t complying with federal markets regulations and anti-money-laundering requirements. Several states also escalated their own crypto enforcement crackdowns this summer.

Read this article by By KELLIE MEJDRICH in full @ politico.com

Photo by Alesia Kozik from Pexels

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