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Pat Toomey blames the SEC for crypto lending platform crisis

An official letter from Toomey to SEC Chairman Gary Gensler, dated by July 26, suggested that the Commission’s inability to clarify how it would apply existing securities laws to digital assets and services drew undesirable repercussions. As Toomey writes:

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Source: Cryptocurrency - investing.com

As Inventory Piles Up, Liquidation Warehouses Are Busy

‘We’ve never seen anything like this’: US retailers compete to clear stock