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US SEC Targets Crypto Market Again, Revokes Securities License Of Crypto Lender

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Summary
Nutrition label

72% Informative

US SEC revokes Salt Blockchain's securities license due to non-compliance with reporting rules.

Agency claimed that the crypto lender failed to file periodic reports since December 31, 2021 .

Salt Blockchain had previously faced regulatory hurdles in 2020 , but it appeared that the firm has resolved those issues.

Expert predicts increased enforcement actions by SEC near fiscal year-end .

VR Score

60

Informative language

52

Neutral language

55

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links