SEC commissioner Peirce publicly rebukes her agency, Gensler on crypto regulation

SEC commissioner Peirce publicly rebukes her agency, Gensler on crypto regulation


Important Factors
  • SEC commissioner Hester Peirce issued a community dissent to her agency’s enforcement action from crypto exchange Kraken.
  • Peirce said that the current regulatory surroundings built it unachievable for crypto-similar offerings to even get acceptance.
  • Peirce’s dissent arrives as SEC chair Gary Gensler carries on to crack down on crypto-related choices and businesses.



Source

Alibaba-backed startup Moonshot AI’s valuation is up 0 million, sources say, after its rivals IPO in Hong Kong
Finance

Alibaba-backed startup Moonshot AI’s valuation is up $500 million, sources say, after its rivals IPO in Hong Kong

Key Points Investors are now valuing Alibaba-backed Moonshot AI at $4.8 billion, two people familiar with the matter told CNBC. It’s a $500 million increase in the valuation the startup achieved last month. The investor interest comes after two rival Chinese AI companies — Zhipu and MiniMax — surged after going public in Hong Kong […]

Read More
Chinese EV giant BYD is a buy — and not just for its cars, Bernstein says
Finance

Chinese EV giant BYD is a buy — and not just for its cars, Bernstein says

Source

Read More
Smaller companies are rising quickly to challenge Big Tech as AI ‘s best trade
Finance

Smaller companies are rising quickly to challenge Big Tech as AI ‘s best trade

ETF Edge Smaller companies are rising quickly to challenge Big Tech as AI ‘s best trade Published Sat, Jan 17 202610:28 AM EST Krysta Escobar WATCH LIVE Source

Read More
Powered by WordPress | WP Magazine by WP Mag Plus