Crypto, Digital & Resilience, Regulation & Supervision

Crypto plans could ‘put smaller US brokers out of business’

By Bill Lumley
Image: Getty Images

A US Treasury proposal seeking to bring regulatory clarity to the cryptocurrency sector could unintentionally put smaller brokers out of business. 

The draft rules, part of a push by both Congress and regulators to reduce crypto-related tax evasion, would impose tougher compliance requirements on the sale and exchange ...

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