US regulatory bodies are taking a closer look at the crypto industry's operations and potential implications. The SEC, under Chairman Gary Gensler, faces scrutiny over its approach to crypto regulations and has had notable legal battles with firms like Ripple Labs and Coinbase. On the terrorism front, US Deputy Treasury Secretary Wally Adeyemo clarifies the limited role of crypto in global terrorist financing, while concerns arise regarding Binance and Tether's potential links to illicit activities. Additionally, from a technological standpoint, Neo is advancing its blockchain capabilities with a new sidechain for enhanced Ethereum compatibility.
