The U.S. Securities and Exchange Commission has filed a complaint against the Seattle-based exchange as Bittrex prepares to stop offering services in the United States.
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The U.S. Securities and Exchange Commission has filed a complaint against the Seattle-based exchange as Bittrex prepares to stop offering services in the United States.
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The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle.
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Upon approval, both the SEC and the FINRA will become Certificate Holders in the private blockchain, allowing regulators to view transactions and access the network governance.
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Bittrex already started winding down operations by the time it received a notice on potential action from the SEC, the general counsel said.
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A U.S. Representative has declared he will introduce legislation to have SEC boss Gary Gensler removed from his role.
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“It seems perverse to me that we would be encouraging centralization,” said SEC commissioner Hester Peirce prior to a vote on the proposal.
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