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Crypto Industry Should Brace For Brewing Enforcement Storm

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November 11, 2021
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Coinbase May Face SEC Action Over Cryptocurrency Product
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By Dean Seal (November 10, 2021, 10:43 PM EST) — A number of federal companies have made strikes in latest weeks to carve out their authorities throughout the crypto trade — an indication that the sector must be gearing up for a patchwork of aggressive enforcement from a authorities nonetheless reacting to its explosive development, specialists instructed Law360.

Monetary regulators have spent years attempting to get a deal with on the booming marketplace for cryptocurrencies and the trade round decentralized finance, or DeFi, however that focus has sharpened dramatically this yr as each public and monetary curiosity in crypto reached new highs.

With out route from Congress on how crypto matches throughout the cloth of federal regulation, regulators…

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