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The post SEC Weighs Action Against Crypto Exchanges and DeFi Projects! appeared first on Coinpedia Fintech News
The US Securities and Exchange Commission (SEC) is considering more enforcement actions against crypto exchanges, brokers, and DeFi projects that fail to make suitable disclosures or register with the agency, said David Hirsch, head of the SEC’s Crypto Assets and Cyber Unit. Speaking at the Securities Enforcement Forum Central in Chicago, Hirsch said the SEC was already investigating firms engaged in similar activities to those that triggered legal action against Coinbase and Binance in June. The agency has also recently brought two cases against NFT projects.
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