US steps up crackdown on crypto with lawsuits against Coinbase, Binance

NEW YORK – The top U.S. securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major crypto exchange, in a dramatic escalation of a crackdown on the industry and one that could dramatically transform a market that has largely operated outside regulation. The U.S. Securities and Exchange Commission on Monday took aim at Binance, the world’s largest cryptocurrency exchange. … Continue reading US steps up crackdown on crypto with lawsuits against Coinbase, Binance