Crypto investment leaves US, Citing US Regulatory Uncertainty

Below excerpt article reported by Morrow. A. (2023, June 6). US crypto investors are left with few options. CNN Business

Murky regulations

“The lack of (US) regulatory clarity is a common complaint among (US) crypto firms, which argue that the United States is pushing the industry overseas, and ultimately ceding authority to foreign regulators that have established clearer guidelines.”

“In the span of 24 hours, the Securities and Exchange Commission lobbed two scathing complaints against Binance and Coinbase, saying they operated illegal securities exchanges in the United States.”

To read full article, click here

Legal Disclaimer: INFYNIT is providing the content here for educational purposes only. All opinions are of the original author and not an opinion of INFYNIT or any of its affiliates.