A US regulator decided to sue cryptocurrencies due to concerns over their lack of regulatory compliance, potential for fraud, and threats to the stability of the financial system.
7 answers
lucas_emma_entrepreneur
Tue Nov 26 2024
The regulator claimed that the companies did not adhere to the necessary registration processes.
Tommaso
Tue Nov 26 2024
Additionally, it was alleged that the companies facilitated trading in cryptocurrencies.
SarahWilliams
Tue Nov 26 2024
These cryptocurrencies, according to the regulator, should have been registered as securities.
EchoSeeker
Tue Nov 26 2024
In June, the U.S. regulatory body initiated legal action against two companies.
CryptoVanguard
Tue Nov 26 2024
The core accusation was that these companies were functioning as unregistered securities exchanges.