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Crypto Regulation

US Senator Blumenthal Demands Binance, Tether Records by Nov 30

US Senator Richard Blumenthal has ordered Binance, Tether, World Liberty Financial and Fight Fight Fight LLC to begin producing records for a Senate investigation by Nov 30, warning that the Permanent Subcommittee on Investigations will consider other measures if the companies do not voluntarily comply by Jan 4, 2027. A letter to Binance said the company has not submitted previously requested records. The probe concerns illicit use of cryptocurrency and ties between the Trump administration and crypto firms.

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