The U.S. regulator overseeing derivatives markets took action against three firms, one of which had previously employed a lawyer later appointed to lead its technology research division at the CFTC.
Last week, Ripple achieved a partial triumph in its battle against the SEC as a court ruling determined that the institutional sales of the tokens were in violation of federal securities laws, while sales on exchanges and programmatic sales were not found to be in violation.
SEC Chair Gary Gensler attempts to equate Coinbase and Binance with FTX and Celsius, but that comparison falls short.
According to the report, the surge of 76% in Bitcoin's value this year seems to have been fueled by purchases from individual or non-professional investors.
According to Ahmed Ghappour, legalizing concepts can result in the criminalization of innocent groups that have no connections to illegal activity.
If Americans' financial privacy is being infringed, they have the right to know how the government is defending it.