According to the claim of an officer working in the office of US Senator Cyhthia Lummis; The US Securities and Exchange Commission (SEC) has put every crypto exchange in the country under scrutiny.
In the news in Forbes; It was stated that the SEC’s assessment and investigation that 9 of the cryptocurrencies listed on Coinbase are securities is just the tip of the iceberg.
Included in Binance on List of Reviewed US Crypto Exchanges
In the claim that came out of the office of US Senator Cyhtia Lummis, it is stated that the SEC is investigating not only Coinbase, but all America-based crypto exchanges and Binance, the world’s largest exchange by volume.
Stating that more than 40 crypto exchanges are under investigation, this person working in Lummis’s office added that the SEC still has not reached an agreement with the Commodity Futures Trading Commission (CFTC):
“The SEC wants to end its discussion with the CFTC as soon as possible. If the two institutions cannot resolve this among themselves, the lawmakers will step in. Then they and Congress will most likely be on the side of the CFTC.”
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