Coinbase (COIN) is lobbying Congress to establish clear regulations for the crypto industry. According to Coinbase CEO Brian Armstrong, there needs to be defined rules put in place by lawmakers rather than leaving regulation solely up to the Securities and Exchange Commission. Armstrong criticized the SEC's current approach of "regulation by enforcement", where crypto startups receive subpoenas without transparent guidelines, referring to it as "harassment." By pushing for legislative action, Coinbase aims to bring more clarity and certainty to the crypto space. “I think there is a general consensus and understanding from both sides of the aisle that this is an important issue,” Armstrong tells Yahoo Finance adding, "in five years we'll be thinking how do we get this back on shore if we don't do something now." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Coinbase (COIN) is lobbying Congress to establish clear regulations for the crypto industry. According to Coinbase CEO Brian Armstrong, there needs to be defined rules put in place by lawmakers rather than leaving regulation solely up to the Securities and Exchange Commission. Armstrong criticized the SEC's current approach of "regulation by enforcement", where crypto startups receive subpoenas without transparent guidelines, referring to it as "harassment." By pushing for legislative action, Coinbase aims to bring more clarity and certainty to the crypto space.
“I think there is a general consensus and understanding from both sides of the aisle that this is an important issue,” Armstrong tells Yahoo Finance adding, "in five years we'll be thinking how do we get this back on shore if we don't do something now."
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Bloomberg
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Benzinga
Warren Buffett isn't known for being a big real estate investor, but he has invested in real estate investment trusts (REITs) in the past and reaped significant rewards. For instance, Buffett's company Berkshire Hathaway Inc. (NYSE:BRK) used to own shares of STORE Capital Corp., a REIT specializing in single-tenant operational real estate (STORE). In September 2022, STORE Capital announced that it would be acquired by Singapore's sovereign wealth fund GIC and Oak Street in an all-cash transactio
SmartAsset
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TipRanks
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Reuters
Despite heavy investments in security, the company continued to face "fundamental challenges" to running the stores safely, the retailer said. It operates nearly 2,000 stores across the United States. "We cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance," Target said in a statement.
SmartAsset
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Reuters
When Marc Matsil retired to Connecticut's bucolic northwest hills two years ago, fly fishing and hiking filled his days. But this is not exactly the "retirement" he envisioned. Matsil, 66, is far from alone in tiptoeing back into the workforce.
Benzinga
Dubbed the Oracle of Omaha, Warren Buffett is renowned for his simple and frugal lifestyle. Despite being the sixth richest person globally, with a net worth estimated at $117.9 billion, Buffett continues to live in the same modest home in Omaha that he purchased in 1958 for just $31,500. Adjusted for inflation, that amount today would be approximately $328,990.80, a mere 0.000279% of his total net worth. Buffett has consistently ranked the purchase of his home as the third-best investment he ha
Bloomberg
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