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Bitcoin Falls Further. Regulators Are Keeping Up the Pressure.
linkweb3
2023-04-24
4041
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Summary：The Securities and Exchange Commission recently outlined a proposal which could strengthen its powers to regulate decentralized finance—or DeFi—platforms, which play a key role in cryptocurrency trading. Beyond Bitcoin, —the second-largest crypto—dropped more than 2% to around $1,1835. Smaller cryptos or altcoins were weaker, with falling around 3% and down 5%.
The Securities and Exchange Commission recently outlined a proposal which could strengthen its powers to regulate decentralized finance—or DeFi—platforms, which play a key role in cryptocurrency trading. Beyond Bitcoin, —the second-largest crypto—dropped more than 2% to around $1,1835. Smaller cryptos or altcoins were weaker, with falling around 3% and down 5%.
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