SEC's crackdown on crypto causing market turbulence
TL;DR Summary
The SEC has launched a summer crackdown on crypto, targeting Binance and Coinbase with allegations of unregistered securities and commingling of funds. The lawsuits have caused uncertainty in the industry but may bring legal clarity. Apple's newly revealed mixed-reality headset, the Apple Vision Pro, is marketed as a "spatial computer" and will be launched in early 2024. Brazilian crypto exchange Mercado Bitcoin has been granted a payment provider license and will launch its fintech solution MB Pay. EU officials want all AI-generated content to be labeled to combat fake news.
- Crypto Biz: The SEC’s summer crackdown, Apple’s ‘spatial computing,’ and Mercado Bitcoin gears up Cointelegraph
- Crypto tokens plunged this week after Gensler stepped up SEC crackdown CNBC
- Binance Halts Trading in Dollars on Binance.US The New York Times
- SEC charges against Binance and Coinbase are terrible for DeFi Cointelegraph
- Op-ed: Why the SEC should stay away from crypto (Part I) CryptoSlate
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