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SEC Launches Cross-Border Task Force to Combat Fraud, Signals Stricter Crypto Oversight
SEC Launches Cross-Border Task Force to Combat Fraud, Signals Stricter Crypto Oversight
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BTCCSquare news:
SEC Chair Paul Atkins unveiled a new Cross-Border Task Force aimed at curbing fraudulent activities involving foreign-based companies, including pump-and-dump schemes. "We welcome global companies accessing U.S. markets, but won’t tolerate those exploiting borders to evade investor protections," Atkins declared.
The SEC and CFTC are escalating crypto regulatory efforts, with a joint statement underscoring Web3 oversight. A harmonization roundtable is slated for September 2025, reflecting heightened scrutiny under the current administration’s agenda.
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