
The US may be starting to crack down on cryptocurrency exchanges that don’t make it a priority to combat scammers. The House Committee on Oversight and Reform has sent letters to several federal agencies and five digital asset exchanges for information and documents related to how they are tackling cryptocurrency fraud. The cryptocurrency exchanges they contacted are FTX, Binance, Coinbase, KuCoin, and Kraken, while the agencies they contacted include the Department of the Treasury, the Federal Trade Commission, the Commodity Futures Trading Commission, and the Securities and Exchange Commission.
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