New York attorney general warns cryptocurrency industry: 'Play by the rules or we will shut you down'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

New York attorney general warns crypto industry: 'Play by the rules or we will shut you down'

The price of bitcoin rose more than 10% over the last 24 hours to hit $48,528, as of approximately 1:51 p.m. ET, according to CoinDesk. Other popular digital currencies include Ethereum and Litecoin.with the Office of the Attorney General's investor protection bureau.

Parties that obligated to register but fail to do so are subject to civil and criminal enforcement, the office said in a statement., a trading platform for digital currency.was operating a virtual currency trading business in New York, functioning as an unregistered broker-dealer for more than three years while collecting over $1 million in investors' assets.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

AG needs to look up what decentralized means

Wow could be huge

TorMrktBubble LOL most of them are on the way to Miami anyway...., do whatever you want, .....you can't stop Bitcoin

Crh baby...you can start on Wall street

I’d like to see the plan to shut them down...if they can shut Bitcoin down, that would be news. If not, just another attempt at free advertising on CNBC.

If they want to shut down the ones that don’t follow the rules, couldn’t they just make the ones not following regulators illegal? Like how they make some drugs illegal. They could make it punishable for 5 years in jail or more depending the severity

New York is ONE state. Good luck with THAT.

TorMrktBubble Ya, good luck with that.

ZakaWaqar Please check this report... 😢

Good luck with that. There's no rule in Crypto space, it's pump and dump all day.

The whole point is deregulation…. Move states, countries.. we can’t even tax people in USD

Bitcoin nor the blockchain can be shut down. That’s part of their beauty.

Good luck shutting down bitcoin lol alts? Probably most of them they could if they really wanted to.

Who or what are they shutting down 🤦🏻‍♂️

Why are the sec etc. only interested in crypro when it is doing well? In a bear market you hear nothing from them

BULISH AF Big Nothing Burger 🍔 bitcoin You can't Ban Bitcoin

MMCrypto can't you take a marketing position in a trend?!

Legacy Finance Speak for 'Yall stay scared and hold Chuck E Cheese Bucks for awhile until we spread FUD and buy this 'Crypto' shit up from under you'

:(

What rules are they not playing by? I’m confused. Let me guess he/she doesn’t like Bitcoin and wants to put that feelings on other.

xrp334 😂😂😂😂 how sway...how are you gonna shut crypto down...it’s for the people

xrp334 RippleXRP plays by the rules yet you try and sue them. Not a good start.

😅😅😅

Shut up and get trump

🤣🤣🤣 go on shut it down. challenge accepted

Delete rules or we will go to 49 other states. 🤡

Leave NY and let them cry

The same rules that wallstreet and billionaires have been playing ? Lol 😂 GTFO 🖕🏼

What rules? There's not even regulation for half of the stuff that exists in the crypto space....do your job

What are the rules?

Vote him/her out. This AG really thinks he/she has power over people. On the other hand, trading crpto should be treated as same equity trading tax law.

😂 FUD

What rules? Lol

Bitcoin dogecoin DOGE

If NY AG escalates this too much, exchanges will probably stop doing business in New York

I am looking for new, good friends

Oh yeah, just like you shut down tether or XRP. WTF do you even do besides look stupid?

meanwhile, the HFs and IBanks run rampant with fraud, corruption and manipulation...

Imagine thinking she can do anything

Kardeş, savcıya de ki btc KAPATILAMAZ

As she should...

Why don’t they practice what they preach lol

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines