Crypto Market News: The unprecedented enforcement actions on crypto businesses in the United States is begging the question as to whether there is need for high level debates between lawmakers and industry experts. That the two of the world’s top crypto exchanges have been targeted in back to back lawsuits by the U.S. Securities and Exchanges Commission shook the crypto market. In this context, John Deaton, the attorney representing XRP holders in the SEC lawsuit, is recommending that Shark Tank investor Mark Cuban should speak on the innovative side of crypto and blockchain before the Senate and House Banking and Financial Services Committees.
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Cuban, however, thinks overhyping crypto also has been an equally big problem as the likes of SEC targeting the industry. He believes it’s time for the Congress to step in to resolve the regulatory deadlock. Overall, attracting political action i
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