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Report: SEC Retreats From Plan to Classify Crypto Firms as Trading Systems

Report: SEC Retreats From Plan to Classify Crypto Firms as Trading SystemsThe U.S. Securities and Exchange Commission (SEC) is moving to abandon a proposed rule that would have required certain cryptocurrency firms to register as alternative trading systems (ATS), according to acting Chair Mark Uyeda. SEC Shifts Stance on Crypto Regulation The decision, Reuters reported on Monday, marks a shift from the agency’s 2022 effort under […]

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