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Three years later, the Securities and Exchange Commission said that cryptocurrency exchanges and companies that raise money through the sale of digital assets must adhere to federal securities laws, signaling a clampdown on the recent surge in virtual coin offerings.

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FinCen released a statement that said bitcoin exchanges were money.Accusations of fraud represented less than 15 percent of the complaints.

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That compares with about six complaints for all of 2016, and makes Coinbase the biggest recipient of CFPB virtual currency complaints this year.The future of money is within cryptocurrencies, such as Bitcoin.

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