As we’ve reported before, there's been some heat in the crypto scene lately.
The SEC, aka the US Securities and Exchange Commission, has really been putting its foot down on cryptocurrency.
Because the cryptocurrency market is pretty new, it’s not regulated the same way that traditional finance is.
It's no lie that the US Securities and Exchange Commission (SEC) is not a huge fan of crypto.
Last July, crypto exchange Coinbase filed a petition with the SEC, asking for more clarity on how securities laws apply to crypto.
Bitcoin, the big-shot cryptocurrency, had a wild ride in 2021 and 2022.
Back in 2015, New York shook things up with a new crypto licensing system, causing some digital asset companies to consider packing up and leaving.