According to the news of Forbes, all US cryptocurrency exchanges are being investigated by the US Securities and Exchange Commission (SEC).
Forbes wrote that an official from the office of US Senator Cynthia Lummis claimed that the SEC is investigating all cryptocurrency exchanges.
As it will be remembered, the SEC launched an investigation against the famous stock exchange Coinbase in the past weeks.
The Lummis employee noted that Binance, as well as all crypto exchanges in the US, are under investigation by the SEC.
“Reports that the SEC is investigating the $20 billion cryptocurrency exchange Coinbase are just the tip of the iceberg.
All US crypto exchanges and the world’s largest crypto exchange Binance are under investigation by the SEC.”
Citing the “Digital Commodity Consumer Protection Act” introduced by Senators Debbie Stabenow and John Boozman recently, and the digital asset bill introduced by Cynthia Lummis and Kirsten Gillibrand, the employee has a less than 50 percent chance that both bills will pass this year. said that.
“The only way both bills will pass this year is if a catastrophic event like a major U.S. stock market crash gets lawmakers into action.”
The employee of Cynthia Lummis believes that if the dispute is not resolved, the US Congress will eventually elect the CFTC to regulate the crypto industry.