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After cycling through so,o business models, it now focuses on a turnkey service that helps other fintech platforms, such as Webull and Public. Wary of regulators, Bakkt began to reduce the list of tokens that would come over from Apex. During the due diligence process, Bakkt had Apex Crypto delist seven tokens, including the failed Terra and the privacy coin Zcash.
The latest delisting reflects the increasingly hostile crypto environment in the U. The question of whether cryptocurrencies should be regulated as securities or commodities has become central to solo 401k crypto industry in the U. In its recent spate of enforcement actions, the SEC has targeted platforms for selling tokens that the agency deems unregistered what is a crypto, with Chair Gary Gensler arguing the vast majority of cryptocurrencies, with the cry;to of Bitcoin, are securities.
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