Cryptocurrency

Cryptocurrency

Crypto firms slam SEC, Washington for lack of clarity on rules

Crypto companies are frustrated at the U.S. government for its lack of clear rules for the industry and the Securities and Exchange Commission for its actions against digital currency firms.Unlike other countries, the U.S. has yet to come up with a comprehensive framework or set of regulations for the crypto industry.Executives told CNBC that they want clarity from the U.S. government and regulators.On Wednesday, the SEC sent exchange Coinbase a Wells notice, warning the company that it had identified potential violations of U.S. securities law.Crypto companies are frustrated at the...
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