New York Attorney General Letitia James has issued a stern warning to cryptocurrency companies, emphasizing the importance of compliance with regulations. This comes in the wake of a record-breaking $2 billion settlement with the bankrupt platform Genesis Global Capital.
Read MoreThe US cryptocurrency sector is on edge as an important vote looms in Washington next week, amidst Bitcoin's soaring value and increasing attention from Wall Street. The Financial Innovation and Technology for the 21st Century Act, known as Fit21, stands poised to potentially reshape the regulatory framework for digital assets.
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