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Crypto News Today Live Updates and Latest News: (24 February 2023): According to a recent research conducted by JPMorgan, the Securities and Exchange Commission (SEC) dominates US regulation of the digital asset market. The research also exposes the SEC’s bias in classifying all cryptocurrencies as securities, with Bitcoin being the lone exception. This viewpoint encompasses staking services, which the SEC sees as comparable to selling other security. The paper also anticipates that stablecoin issuers, custody and protection of investors’ digital assets, and unbundling broker/trader/lending/clearing/custody activities will face more regulatory proceedings.
