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TikTok CEO on Capitol Hill and Hindenburg Shorts Block

Bloomberg Tech

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Cryptocurrency

Coinbase says it received a notice from the SEC formally declaring these security regulators' plans to bring an enforcement action against it. Shares currently off by another 20%. Analysts, Jeffries Mizzoujo say, look, basically a third of net revenue of Coinbase could be affected by this. The direction of travel has been in the direction of fighting about what the meaning of crypto is.

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