US SEC Commissioner Hester Peirce: Focus on Tokenization, Calls for Strengthening Financial Privacy
Jinse Finance reported that U.S. SEC Commissioner Hester Peirce stated that tokenization is currently a key focus for institutions, and that the SEC is studying issues such as token distribution, trading definitions, and crypto asset custody, while working with Congress to develop regulatory frameworks. She emphasized the importance of financial privacy and said that cryptocurrencies provide an opportunity to reassess the Bank Secrecy Act as well as AML/KYC requirements. Meanwhile, due to the U.S. government shutdown, the SEC's work, including approvals for crypto ETFs, has come to a near standstill.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BoE’s Greene says it is appropriate to proactively tighten our monetary policy stance
CoreWeave plans to issue at least $4 billion in investment-grade loans, falling nearly 6% after hours
According to Bloomberg, CoreWeave is seeking to refinance at least 4 billion USD through an investment-grade loan, led by Morgan Stanley and Mitsubishi UFJ, with a syndication roadshow expected to start as soon as next week. This financing continues the structure of using Nvidia chips and customer contracts as collateral, with the yield on the issuance anticipated to be around 7% to 7.5%, much lower than its junk bond yield. Following the news, CoreWeave's shares fell nearly 5.8% after hours.
Outperformed the S&P by 19.2 percentage points in one month: Berkshire (BRK.B) achieves its highest monthly relative advantage since 2010, second only to the 2008 financial crisis
As the AI trading boom subsides and technology stocks waver, one of the market’s oldest “safe havens” has once again proven its value. Berkshire Hathaway (BRK.B) has just recorded one of its most notable relative gains in over a decade.
Crypto prices
More
