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Fed Flooding Money Markets as SEC Blindly Bashes Bitcoin Again



So far there has been little indication that US regulators will change their harsh stance towards bitcoin and the crypto industry. Blinkered by false notions, they continue with their anti-crypto rhetoric making America one of the most highly regulated countries for crypto startups.

As the Federal Reserve continues to flood US money markets with cash, the Securities and Exchange Commission remains adamant that bitcoin needs further regulation. It seems bizarre that the central bank can pump more than the entire crypto market capitalization into the system in order to control lending rates, but they’re worried about a few crypto traders ...

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