ROLLUP: Gary Gensler Grilled at Congress Committee Hearing
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Regulatory Turmoil: The Bittrex Case and Crypto's Future
This chapter examines the SEC's recent charges against Bittrex and its implications for the broader cryptocurrency landscape, particularly regarding the classification of various assets as securities. It highlights the evolving regulatory environment, the challenges faced by exchanges in the U.S., and the potential chilling effects on decentralized finance (DeFi). The discussion also emphasizes the importance of collective action within the crypto community to combat regulatory pressures and maintain decentralization principles.
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