Money, as we all know, is the mother's milk of politics in America. It can look even more nourishing if you can manufacture it yourself. That's surely what accounts for the solicitude that the cryptocurrency industry has been receiving from Congress. The House on Wednesday passed a law reducing regulation of crypto, despite ample evidence that the asset class has been a haven for fraudsters, extortionists and worse.
3 billion. The SEC is pursuing a lawsuit against the crypto exchange Coinbase for selling unregistered securities. In March, federal judge Katherine Polk Failla denied the firm's motion to quash the case.
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