• Wall Street regulators are stepping up enforcement actions against cryptocurrency investments - and it could add legitimacy to the nascent market in the long-run

    2 monthes ago - By Business Insider

    Both the SEC and FINRA issued actions earlier this week against crypto firms.
    The enforcement actions were the first-ever major attempts to regulate the burgeoning industry.
    Lawyers say that as the nascent market for cryptocurrencies matures, it's natural that regulatory bodies will start keeping closer tabs on it to protect investors from fraud.
    Two US financial regulators issued a string of actions earlier this week against companies that have been involved with cryptocurrencies, in the first major attempts to regulate the burgeoning industry.
    In the first case, the SEC made its...
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