{"id":10345,"date":"2023-06-09T11:37:17","date_gmt":"2023-06-09T09:37:17","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/06\/09\/us-targets-binance-and-coinbase-is-the-government-ready-to-regulate-crypto\/"},"modified":"2023-06-09T11:37:17","modified_gmt":"2023-06-09T09:37:17","slug":"us-targets-binance-and-coinbase-is-the-government-ready-to-regulate-crypto","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/06\/09\/us-targets-binance-and-coinbase-is-the-government-ready-to-regulate-crypto\/","title":{"rendered":"US targets Binance and Coinbase \u2013 is the government ready to regulate crypto?"},"content":{"rendered":"<p>Regulators have been confused about whether cryptocurrency is a security or a commodity, but clarity appears imminent<\/p>\n<p>For years, US financial regulators couldn\u2019t agree on what to do about cryptocurrency. They wanted to do something, but couldn\u2019t agree on what crypto was \u2013 a security, like a stock or bond, or a commodity, like a raw material or agricultural product, or neither? \u2013 and which agency would have jurisdiction.<\/p>\n<p>This week, Gary Gensler, a longtime critic of crypto and the chair of the US Securities and Exchange Commission (SEC), appears to have found the answer \u2013 by launching a crackdown on crypto exchanges, the platforms on which investors buy and sell digital currencies.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/jun\/09\/binance-coinbase-us-government-cryptocurrency\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/7b78c6eb630b926d2a221e875e15b8410d94d30c\/31_0_3926_2357\/master\/3926.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=bc0f4075a6d70c701897954cf12bab04\" title=\"US targets Binance and Coinbase \u2013 is the government ready to regulate crypto?\" \/>Regulators have been confused about whether cryptocurrency is a security or a commodity, but clarity appears imminent<br \/>\nFor years, US financial regulators couldn\u2019t agree on what to do about cryptocurrency. They wanted to do something, but couldn\u2019t agree on what crypto was \u2013 a security, like a stock or bond, or a commodity, like a raw material or agricultural product, or neither? \u2013 and which agency would have jurisdiction.<br \/>\nThis week, Gary Gensler, a longtime critic of crypto and the chair of the US Securities and Exchange Commission (SEC), appears to have found the answer \u2013 by launching a crackdown on crypto exchanges, the platforms on which investors buy and sell digital currencies. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Regulators have been confused about whether cryptocurrency is a security or a commodity, but clarity appears imminent For years, US financial regulators couldn\u2019t agree on what to do about cryptocurrency. They wanted to do something, but couldn\u2019t agree on what crypto was \u2013 a security, like a stock or bond, or a commodity, like a &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/06\/09\/us-targets-binance-and-coinbase-is-the-government-ready-to-regulate-crypto\/\"> <span class=\"screen-reader-text\">US targets Binance and Coinbase \u2013 is the government ready to regulate crypto?<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":10346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/10345"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=10345"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/10345\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/10346"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=10345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=10345"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=10345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}