Are Centralized Exchanges in the U.S. Doomed Following the SEC’s Crackdown on Binance and Coinbase?

Fibo Quantum

But, by filing suit, the SEC and CFTC do have a remarkable ability to signal what type of businesses or practices are less-than-desired in a functioning economy. And by going after the two biggest fish in crypto, it’s becoming clear that all exchanges are at risk. Scratch any financial firm and you’ll find it bleeds financial infractions, especially in an industry as rough-and-tumble as crypto.

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