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SEC to Hire Crypto Cops to combat Digital Frauds …

WASHINGTON– The Securities and Exchange Commission will improve the size of its unique system committed to examining cryptocurrency scams and other misbehavior, a relocation that follows the company’s aggressive push to get the uncontrolled market to come under federal guidance.

The SEC stated it prepares to include 20 detectives and litigators to its Crypto Assets and Cyber Unit, which was developed in September 2017 when regulators observed a rise of brand-new digital coins offered to the general public The commission has actually placed itself as the primary federal government bulwark versus scams in the $1.7 trillion market, which up until now has actually avoided most federal customer- and investor-protection guidelines.

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AxenCoin, the brand-new Mexican cryptocurrency

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