'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as SEC Chair Gary Gensler pushes back against the FIT21 bill hours before a planned vote on Wednesday, saying that the bill “would create new regulatory gaps.
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as SEC Chair Gary Gensler pushes back against the FIT21 bill hours before a planned vote on Wednesday, saying that the bill “would create new regulatory gaps."Sec chair, Gary Gensler pushes back against the Fit 21 bill and crypto exchanges form a coalition against scams.
Crypto exchanges. Coinbase Kracken and other firms have joined an alliance to tackle online fraud schemes including romance scams or crypto scams like pig butchering, pig butchering involves scammers gaining the trust of their victims through dating apps or social media before pitching a money making opportunity involving crypto. According to a report from the FBI losses from crypto investment scams totaled $3.94 billion in the US alone in 2023.
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