US Lawmaker Queries Top Cryptocurrency Exchanges About

Binance, Coinbase Among Crypto Firms Questioned by US Senator

Senate Finance Committee Chair Wants Financial Data from

In separate letters dated Nov

A bipartisan group of senators sent a letter to Binance, saying the world’s largest crypto exchange is “a hotbed of illegal financial activity,” the WSJ reported on Thursday.

US Senator Requests Binance, Kraken, KuCoin for Financial Data

In separate letters dated Nov. 28, Wyden targeted Binance, Coinbase, Bitfinex, Gemini, Kraken and KuCoin, requesting information on what protections the exchanges had in place if a failure

Binance

Binance.US and Coinbase (COIN) are on a list of crypto companies questioned this week by the chairman of the U.S. Senate Finance Committee about how they protect the investors using their services in light of the widespread damage caused by the fall of FTX.

US Senators Ask Binance for Financial Statements, User Data

Inspection of top exchanges by the U.S. lawmaker

US Senator Ron Wyden

US Senator Ron Wyden (D-Ore) has requested financial data from top crypto exchanges such as Binance, Kraken, KuCoin, Bitfinex, and Gemini. Senator Wyden is also the leader of the tax-focused Senate Finance Committee.

U.S. Senate Finance Committee Chairman Ron Wyden has asked six cryptocurrency firms to provide information on consumer protection following FTX’s liquidity problems and bankruptcy. In a separate letter dated Nov. 28, Wyden targeted Binance, Coinbase, Bitfinex, Gemini, Kraken, and KuCoin, requesting information on what protections

Senate seeks financial data from Binance, other crypto

On Tuesday

Bitfinex, Gemini, Binance, Coinbase, Kraken, and KuCoin were the main targets of one senator’s probe into protections the companies had in place in case a failure similar to FTX’s happened again. The chair of the US Senate Finance Committee, Ron Wyden, has requested information from the six top crypto companies on consumer

On Tuesday, November 29th, Senator Ron Wyden requested financial data, including balance sheets, from the world’s major cryptocurrency exchanges. He asked Binance, Coinbase, Kraken, Bitfinex, Gemini, and KuKoin both how they are managing their users’ assets, and which protective systems they have in place in case a major

In various letters dated Nov. 28, Wyden targeted Binance, Coinbase, Bitfinex, Gemini, Kraken, and KuCoin, demanding details on the safeguards they have in place in the event of a collapse similar to the one that occurred at FTX.

US lawmaker questions major crypto exchanges on consumer

US Legislator Questions Major Crypto Exchanges On Consumer

Sen. Ron Wyden Issues Consumer Protection Inquiries to Crypto

Wyden sent letters to the

Wyden sent letters to the leaders of Binance, Bitfinex, Coinbase, Gemini, Kraken and KuCoin and asked for information on how they plan to protect customers using their products in the event of