Crypto regulation is coming, just not this year: SEC’s Peirce

Selina Johansson

Securities and Exchange Commissioner Hester Peirce expects an SEC proposal to expand the definition of an exchange as a backdoor way to regulate cryptocurrency exchanges, but does not anticipate the commission will formally introduce direct crypto regulation this year. “The expansive definition that’s being proposed for exchanges will cover a […]

Stocks rise to kick off new year of trading

U.S. stocks closed at record highs on Monday, as investors built on momentum from last week into at least the first session of the new year. The S&P 500, Dow and Nasdaq each advanced.  U.S. equities posted another year of solid gains in 2021, rising by 27% and delivering a […]