U.S. Senator Lummis’ Office: SEC Is Investigating All U.S. Crypto Exchanges

According to a staff member in the office of U.S. Senator Cynthia Lummis, the U.S. Securities and Exchange Commission (SEC) is not only investigating Coinbase, but every U.S. cryptocurrency exchange, including Binance, is under a different investigation. stage. According to crypto data site CoinGecko, there are more than 40 cryptocurrency exchanges in the United States. The SEC did not respond to multiple requests for comment. The staffer said that after the SEC took several actions to demonstrate the regulator’s jurisdiction over the cryptocurrency industry, as well as a strong response from the U.S. Commodity Futures Trading Commission (CFTC), the commission objected to what it called “enforcement through enforcement.” Supervision”. The SEC is eager to resolve its dispute with the CFTC over crypto jurisdiction. If the matter isn’t resolved internally, he said lawmakers will have to get involved, and Congress is likely to side with the CFTC. (Forbes)