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US GAO again recommends SEC coordinate with regulators to identify blockchain risks

( May 22, 2025, 16:08 GMT | Official Statement) -- MLex Summary: The US Government Accountability Office reiterated its recommendation that the Securities and Exchange Commission and the other federal financial regulators jointly establish or adapt an existing formal coordination mechanism to identify and address risks posed by blockchain-related products and services. It said that establishing such a mechanism would help regulators collectively identify risks and develop and implement a regulatory response in a timely manner.Statement follows in full. Also see attached file. ...

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