U.S. CRACKS DOWN ON CRYPTO IN 2024:
In 2024, U.S. regulators massively ramped up fines for crypto companies, increasing penalties by 30x compared to previous years. The SEC is going hard on non-compliant firms, hitting them with hefty fines for fraud and failing to register digital assets. This strict enforcement aims to protect investors and could force many companies to either comply or shut down.
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