June 7, 2023, 8:17 p.m. |

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Lawsuits Are Latest Washington Regulatory Salvo Against Cryptocurrency
The Biden administration stepped up regulatory enforcement against cryptocurrency trading platforms in consecutive lawsuits targeting Binance and Coinbase for alleged violations of securities laws. "We already have digital currency. It's called the U.S. dollar," said U.S. SEC Chairman Gary Gensler.

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