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SEC Chair Gensler on bitcoin ETF approval: The underlying asset is highly speculative and volatileThe U.S. Securities and Exchange Commission's lawsuits against cryptocurrency exchanges Binance and Coinbase follow a year of price. Companies and individuals are increasingly considering initial coin offerings (ICOs) as a way to raise capital or participate in investment. The Securities and Exchange Commission filed an emergency action and obtained a temporary restraining order and asset freeze against two Pennsylvania-based.
